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    Exam 2: Economic Tools and Economic Systems.
  5. Question
    What Is the Term for Giving Up One Choice for Another
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What Is the Term for Giving Up One Choice for Another

Question 18

Question 18

Multiple Choice

What is the term for giving up one choice for another opportunity?


A) choice cost
B) opportunity cost
C) direct cost
D) implicit cost
E) explicit cost

Correct Answer:

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