History, 06.05.2021 02:00 hails271

What is the definition of opportunity cost? A.
The added cost when the level of some activity is raised by one unit
B.
The set of goods produced if all resources are used efficiently
C.
The value of the best forgone alternative
D.
Individual consumers and their decisions

Answers: 3

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What is the definition of opportunity cost? A.
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What is the definition of opportunity cost? A. The added cost when the level of some activity is raised by one unit B. The set of goods produced if all resources are used efficiently C. The value of the best forgone alternative D. Individual consumers and their decisions

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Another question on History

What is the definition of opportunity cost? A.
The added cost when the level of some activity is raised by one unit
B.
The set of goods produced if all resources are used efficiently
C.
The value of the best forgone alternative
D.
Individual consumers and their decisions