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    Economics An Introduction
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    Exam 26: Scarcity and Choice Neoclassical View
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    What Is the Definition of Opportunity Cost
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What Is the Definition of Opportunity Cost

Question 13

Question 13

Multiple Choice

What is the definition of opportunity cost?


A) the costs of expanding your opportunities.
B) the cost of not taking advantage of your opportunities.
C) the cost of the best alternative that you choose.
D) the cost of the best alternative that you do not choose.

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