Multiple Choice
How are changes in opportunity cost predicted to affect behavior?
A) The lower the opportunity cost of doing X,the less likely X will be done.
B) The higher the opportunity cost of doing X,the less likely X will be done.
C) The lower the opportunity cost of doing X,the more likely X will be done.
D) a and c
E) b and c
Correct Answer:
Verified
Correct Answer:
Verified
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