question archive In economics, cost is _____, and benefit is _____
In economics, cost is _____, and benefit is _____
Subject:EconomicsPrice: Bought3
In economics, cost is _____, and benefit is _____.
a. the amount of money that you pay for something; the amount of money that someone else is willing to pay you.
b. what you are willing to pay on the margin; what the government pays you when you are unemployed or retired.
c. what you must give up to get something; what you are willing to give up to get it.
d. the amount of money that you pay on the margin; the amount of money that you receive on the margin.
