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The Opportunity Cost of Good a in Terms of Good

Question 6

Multiple Choice

The opportunity cost of good A in terms of good B is equal to the


A) money price of good A minus the money price of good B.
B) money price of good B minus the money price of good A.
C) ratio of the money price of good B to the money price of good A.
D) ratio of the money price of good A to the money price of good B.

Correct Answer:

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