33. Opportunity cost is the next best alternative and includes the use of money, time, or resources a person sacrifice, to make his final choice. True or False 34. Which of the following helps economists evaluate alternatives by looking at each choice? a. Consumer price index b. Stock market report c. Cost benefit analysis d. Analysis

33. Opportunity cost is the next best alternative and includes the use of money, time, or resources a person sacrifice, to make his final choice. True or False 34. Which of the following helps economists evaluate alternatives by looking at each choice? a. Consumer price index b. Stock market report c. Cost benefit analysis d. Analysis

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter1: Ten Principles Of Economics

Section: Chapter Questions

Problem 2CQQ

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