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Phydeaux Phydeaux
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6 years ago
Because of scarcity, we must give up some of one product in order to get more of another. This is the concept of
A) specialization.
B) implicit cost.
C) comparative advantage.
D) opportunity cost.
E) absolute advantage
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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