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Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 7
For the ruler of a developing country, the opportunity cost of a choice to invest in universal education
A) is the reduction in health care spending.
B) does not exist because food is a necessity.
C) is much lower than a similar choice for the ruler of a developed country.
D) cannot be measured.
A) is the reduction in health care spending.
B) does not exist because food is a necessity.
C) is much lower than a similar choice for the ruler of a developed country.
D) cannot be measured.
Explanation
Verified
Verified
Hence, option (a)is incorrect.
Universa...
Issues in Economics Today 7th Edition by Robert Guell
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