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    Exam 7: Consumer Choice: Utility Theory and Insights From Neuroscience
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    The Principle of Opportunity Cost Is
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The Principle of Opportunity Cost Is

Question 12

Question 12

Multiple Choice

The principle of opportunity cost is


A) the opportunity cost of something is what someone sacrifices to get it.
B) the satisfaction of obtaining the best next alternative.
C) the choice someone has to make between two different goods.
D) the cost of paying for something someone needs.

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