Short Answer
A(n)_____________ is the return forgone on any resource or asset from using it in its next best use.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q52: Describe the classical trade theories of absolute
Q53: The two factors of production considered in
Q54: Argentina is known to simultaneously be an
Q55: _ occur when a firm stops producing
Q56: Competitive advantage is the ability to produce
Q58: According to Michael Porter,a nation's competitiveness depends
Q59: The United States is known to be
Q60: Product differentiation is the effort to build
Q61: In the _ stage of the product
Q62: Focusing on labor and capital,the _ is