If an economy decides to produce extra corn instead of more wheat, the opportunity cost of the extra ...

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If an economy decides to produce extra corn instead of more wheat, the opportunity cost of the extra ...

If an economy decides to produce extra corn instead of more wheat, the opportunity cost of the extra corn is:
A) the additional wheat that it could have produced instead
B) the market value of the corn
C) the cost of the resources used to produce the corn
D) the wages paid to corn growers

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Microeconomics

Edition: 2^nd

Author: James

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