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Business, 07.03.2020 03:41 andydiaz1227

Select 2 goods or services you produce. (IT MUST PERTAIN TO PRODUCTION, Not Consumption )that is very important to you and explain how scarcity forces you to make choices. What is the opportunity cost of producing each good. Keep in mind the economic definition of opportunity cost and answer in that context. These need to be expressed in relative prices. Also this section needs to include the resources you utilize in the production of each good, service or resource chosen and to categorize them as well.

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