People:
A) tend to specialize in those activities in which their opportunity costs are minimum
B) tend to specialize in those activities in which their opportunity costs are maximum.
C) never consider opportunity costs while deciding which activities to specialize in.
D) consider only direct costs while deciding which activities to specialize in.
E) do not behave in their own self-interest.
Correct Answer:
Verified
Q52: Which of the following is an example
Q53: In economics, which of the following is
Q54: Figure 1.2 Q55: Figure 1.2 Q56: James has a comparative advantage in the Q58: A skilled worker is an example of: Q59: An example of opportunity cost: Q60: A factory is an example of: Q61: Figure 1.3 Q62: Figure 1.3 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)unproductive
A)is the Chinese
A)capital.
B)scarcity.
C)an enterprise.
D)land
