answer 1-5 as well as B: extended response

SECTION SECTION 2 QUIZ NOITO32 2 Economic Choice Today: 2 Opportunity Cost moldo19 A: Multiple Choice soiodO olqiluM :A Choose the letter of the best answer. owens feed off to metal adt ozoort? 1. Benefits offered to encourage people to act in certain ways are A a. incentives vilewet . c. utilities msg oobiv . b. motives lon sivom .b d. wants boot .d 2. The benefit or satisfaction gained from the use of a good or service is called a(n) a. cost c. utility bollso at b. incentive gonne . d. desire 3. The alternative you give up when you make an economic choice is a(n) a. compromise esowoes: davone anived c. trade-offanrogno edT S b. option d. utility 4. A cost-benefit analysis is often organized by using a(n) a. decision-making graph Bees c. incentive grid soil b. decision-making grid d. incentive graphod 5. The value of what you give up by choosing one alternative over another is called a. marginal benefit c. opportunity benefit b. marginal cost d. opportunity cost B: Extended Response Answer the following question on the back of this paper or on a separate sheet of paper. What is the difference between marginal cost and marginal benefit? paniwollol sis SWentA StopSTELIO sob gnollesup simonoso stuff tew