Question

state the opportunity cost in each of the following actions

Answer 1

卄乇ㄚ 爪卂ㄒ乇 ♥️

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The opportunity cost of an action is what you must give up when you make that choice. Another way to say this is: it is the value of the next best opportunity. Opportunity cost is a direct implication of scarcity. ... The concept of opportunity cost is one of the most important ideas in economics.

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