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Economics for Today 7th Edition by Irvin Tucker
Edition 7ISBN: 978-1133154457Economics for Today 7th Edition by Irvin Tucker
Edition 7ISBN: 978-1133154457 Exercise 3
Opportunity cost is the
A) purchase price of a good or service.
B) value of leisure time plus out-of-pocket costs.
C) best option given up as a result of choosing an alternative.
D) undesirable sacrifice required to purchase a good.
A) purchase price of a good or service.
B) value of leisure time plus out-of-pocket costs.
C) best option given up as a result of choosing an alternative.
D) undesirable sacrifice required to purchase a good.
Explanation
Verified
Verified
Therefore,...
Economics for Today 7th Edition by Irvin Tucker
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