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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
The opportunity cost of producing one more unit of a good is calculated by dividing the
A) increase in the quantity of that good by the decrease in the quantity of other good.
B) total quantity of that good by the total quantity of other good.
C) decrease in the quantity of the other good by the increase in the quantity of the good whose opportunity cost we're calculating.
D) total quantity of the other good by the total quantity of the good whose opportunity cost we're calculating.
E) price of the good whose opportunity cost we are calculating by the number of units of the other good that are forgone.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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8 years ago
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8 years ago
Glad to help you, and good luck with your course.
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