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    Microeconomics Study Set 25
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    Exam 1: First Principles
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    Whenever a Choice Is Made
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Whenever a Choice Is Made

Question 20

Question 20

Multiple Choice

Whenever a choice is made:


A) the cost of that choice is the opportunity cost.
B) the cost is easy to measure in dollar terms.
C) efficiency is improved.
D) scarcity is not a problem.

Correct Answer:

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