Question

Economists argue that: (1pts) Question 4 - Economists argue that: Select b) there is an opportunity cost associated with all decisions. as your answer b) there is an opportunity cost associated with all decisions. Select c) economic decisions do not have opportunity costs but other decisions do. as your answer c) economic decisions do not have opportunity costs but other decisions do. Select a) accounting costs consider all types of costs including implicit costs as your answer a) accounting costs consider all types of costs including implicit costs Select d) economic decisions should consider sunk costs as your answer d) economic decisions should consider sunk costs

Answer 1

b) there is an opportunity cost associated with all decisions.

Step-by-step explanation:

• An opportunity cost represents a potential benefit for the individual and business. An opportunity coast shows business users the concept of education decisions. As they have multiple options before them. It is the value of what one looses over another value.