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28 Nov 2020
The opportunity cost of an item is: Select one:
a. The highest-valued alternative that must be given up to engage much economic activity.
b. The value of all the alternatives that must be given up to engage in any economic activity.
c. The lowest-valued alternative that must be given up to engage in any economic activity.
d. The average value of all the alternatives that you forego to engage in any economic activity.
The opportunity cost of an item is: Select one:
a. The highest-valued alternative that must be given up to engage much economic activity.
b. The value of all the alternatives that must be given up to engage in any economic activity.
c. The lowest-valued alternative that must be given up to engage in any economic activity.
d. The average value of all the alternatives that you forego to engage in any economic activity.
Romarie Khazandra MarijuanLv10
23 Dec 2020