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A Firm's Opportunity Cost of Production Is the Sum of the Cost

Question 110

Multiple Choice

A firm's opportunity cost of production is the sum of the cost of using resources


A) bought in the market.
B) owned by the firm.
C) supplied by the firm's owner.
D) bought in the market and supplied by the firm's owner.
E) bought in the market,owned by the firm,and supplied by the firm's owner.

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