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The Opportunity Cost of Building a Park in Your Hometown

Question 234

Multiple Choice

The opportunity cost of building a park in your hometown would be the


A) money cost of constructing the park.
B) highest valued bundle of other goods and services that must be forgone because of the park construction.
C) necessary increase in tax revenues to finance the construction.
D) amount of time spent in leisure activities in the park once it is constructed.

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