People
A) tend to specialize in those activities in which their opportunity costs are minimized.
B) tend to specialize in those activities in which their opportunity costs are maximized.
C) never consider opportunity costs.
D) consider only direct costs.
E) do not behave in their own self-interest.
Correct Answer:
Verified
Q44: Stocks and bonds are examples of:
A)natural resources.
B)financial
Q49: Opportunity cost:
A)applies only to consumption decisions.
B)applies only
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Q55: Which of the following should not be
Q57: In economics, physical capital includes
A) money.
B) natural
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A) skilled workers but
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Q61: Figure 1.1
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