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    Principles of Microeconomics
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    Exam 1: The Scope and Method of Economics
  5. Question
    That Which We Forgo, or Give Up, When We Make
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That Which We Forgo, or Give Up, When We Make

Question 82

Question 82

Multiple Choice

That which we forgo, or give up, when we make a choice or decision is called


A) out-of-pocket cost.
B) marginal cost.
C) real cost.
D) opportunity cost.

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