Any value given up from the best alternative is called the .
a. accounting cost
b. opportunity cost
c. trade-off

1. how did the works progress administration (wpa) contribute to the cultural development of american cities? a. by paying artists to create new works for public spaces b. by granting scholarships to underprivileged students to study art c. by sponsoring cultural exchanges with musicians from other countries 2. which of the following best describes the effect of the new deal on the great depression? a. the new deal eased the effects of the great depression. b. the new deal alone ended the depression. c. production rates during the great depression only fully recovered as the united states prepared to enter world war ii.