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    Exam 1: The Principles and Practice of Economics
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    The Best Alternative Use of a Resource Is Referred to as Its
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The Best Alternative Use of a Resource Is Referred to as Its

Question 70

Question 70

Multiple Choice

The best alternative use of a resource is referred to as its ________.


A) optimization cost
B) market price
C) social cost
D) opportunity cost

Correct Answer:

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