Home

What is the correct answer?

4

Opportunity costs are also known as:

A. Spill-over costs

B. Money costs

C. Alternative costs

D. External costs

Correct Answer :

C. Alternative costs


Related Questions

The non-price competition cartel is a: Which of the following conditions is met in the long-run equilibrium in… The shape of the TC curve is: Who wrote A Contribution to the Theory of Trade Cycle? If Cobb-Douglas production function is homogeneous of degree greater than… We can obtain consumers demand curve from: An indifferent curve shows: The giffen paradox is an exception to law of: The right of individuals to control productive resources is known as: The main objective of the firm is to: The cournot model is a model of: Marshallian demand function is also known as: Formulation of an economic theory involves: Price mechanism has also given the name: If the consumers expect that the price of computers will decrease in next… In the theory of firm, Chamberline presented the idea of: If the commodity is inferior then: In case of income effect, the level of consumers satisfaction rises when: The basic and essential economic problems in a community are related to… Neutral Technological Progress can be defined as: In cournot model, firms face: If Cobb-Douglas production function is homogeneous of degree less than… Technological Progress (Invention) can be defined as: In second degree price discrimination, monopolist takes away : When the level of optimal factor combination is over and more labor is… If the supply and demand increases equally, the price will: If the demand for good is less elastic and government levied a tax per… The general markets results from the imposition of price ceilings has… For a commodity giving large consumers surplus, the demand will be: Who wrote An Introduction to Positive Economics?