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Tidy Tidy
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8 years ago
The principle of opportunity cost is that
A) in a market economy, taking advantage of profitable opportunities involves some money cost.
B) the economic cost of using a factor of production is the alternative use of that factor that is given up.
C) taking advantage of investment opportunities involves costs.
D) the cost of production varies depending on the opportunity for technological application.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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DropxDropx
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