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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
Which of the following statements are correct?
I.   The "highest-valued alternative given up to get something" is the opportunity cost.
II.   Wealthy economies don't experience opportunity costs.
III.   Scarcity creates opportunity costs.
A) I only
B) I and II
C) I and III
D) I, II, and III
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Answer accepted by topic starter
MrDerecheMrDereche
wrote...
Top Poster
Posts: 4096
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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