An opportunity cost is best described as:
A. the idea that people have unlimited wants and limited resources.
B. the increased costs associated with producing additional items.
C. the maximum amount a consumer will pay for using a product.
D. the possible opportunities lost when making an economic
decision.
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Answers: 2
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The discovery that the universe appears to be expanding led to a widely accepted theory called a.) the big bang theory b.) the doppler effect c.) hubble’s law d.) solar nebular theory e.) the seyfert theory
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Kate is working on a project in her tech education class. she plans to assemble a fan motor. which form of energy does the motor convert most of its electric energy into? a. light energy b. motion energy c. sound energy d. thermal energy
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Which law represents the thermodynamic statement of the conservation of energy of a system? a. the fourth law b. the first law c. the second law d. the third law
Answers: 2
An opportunity cost is best described as:
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