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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #723124
Introduction to Economics 1 Deneme Sınavı Sorusu #723124
Which one of the followings is defined as the best alternative that consumers give up when they make a choice or a decision?
Total revenue |
Opportunity cost |
Explicit costs |
Marginal revenue |
Implicit costs |
Yanıt Açıklaması:
Opportunity Cost: The best alternative that we give up when we make a choice or a decision. Therefore, the correct option is B.
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