
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111
Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 38
Which of the following decisions has the greater opportunity cost? Why?
a. A decision to use an undeveloped lot in Tokyo's financial district for an apartment building.
b. A decision to use a square mile in the desert for a gas station.
a. A decision to use an undeveloped lot in Tokyo's financial district for an apartment building.
b. A decision to use a square mile in the desert for a gas station.
Explanation
cost of a resource is the value of the n...
Economics for Today 9th Edition by Irvin Tucker
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