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The number one thing that is given up in order to do something else is referred to as the _________. law of supply law of scarcity opportunity cost equilibrium price

The number one thing that is given up in order to do something else is referred to as the _________. law of supply law of scarcity opportunity cost equilibrium price
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The number one thing that is given up in order to do something else is referred to as the _________.

law of supply
law of scarcity
opportunity cost
equilibrium price

User Nicholas Head
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2 Answers

5 votes
The number one thing that is given up in order to do something else is referred to as the _C. opportunity cost________.
User Stan Liu
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8.7k points
3 votes
The correct answer is C) Opportunity cost. Hope this helps.
User Nktssh
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