Which of these terms are part of economists' language?

Demand

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Elasticity

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Opportunity cost

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All of the above

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Solution

The correct option is D
All of the above

Demand, elasticity and opportunity cost are all part of economists' language.

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Similar questions

Q. Which of the following is not a part of the opportunity cost of going on holiday?

Q. Consider the following about Opportunity cost

1. It considers the cost of opportunity that has been missed out
2. It functions only in case of scarcity

Which of the above statements are correct?

Q. Q. Which of the following statement best describe the term "Opportunity Cost"?

Q. निम्नलिखित में से कौन सा कथन "अवसर लागत" (Opportunity Cost) शब्द का सबसे अच्छा वर्णन करता है?

Q. Q. Which one of the following options best describes the term “Opportunity Cost”?

Q. निम्नलिखित विकल्पों में से कौन सा "अवसर लागत" (Opportunity Cost) शब्द का सर्वोत्तम वर्णन करता है?

Which of the following statements about opportunity cost is TRUE?

I. Opportunity cost is equal to implicit costs plus explicit costs.
II. Opportunity cost only measures direct monetary costs.
III. Opportunity cost accounts for alternative uses of resources such as time and money.

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Which of these terms are part of economists' language?

The correct option is D All of the above Demand, elasticity and opportunity cost are all part of economists' language.

The correct option is D
All of the above

Demand, elasticity and opportunity cost are all part of economists' language.