ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A benefit is something good or helpful.
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True
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False
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -The benefit of something is the help that you get from it or the advantage that results from it. Each family farms individually and reaps the benefit of its labor.
Detailed explanation-2: -aid, asset, assistance, gain, help, interest, perk, profit, prosperity, use, welfare, advance, assist, favor, further, improve, pay, pay off, promote, serve.
Detailed explanation-3: -One of the most familiar antonyms of benefit is drawback, “a hindrance or disadvantage; an undesirable or objectionable feature.” The origin of this word is the verb phrase draw back, meaning “to pull or take away.” While drawback is an everyday word, it has specific, technical meanings in commerce and taxation.
There is 1 question to complete.