Ask Question
28 September, 10:43

The amount of a good that must be given up to produce another good is the concept of:

a.

scarcity.

b.

specialization.

c.

trade.

d.

efficiency.

e.

opportunity cost.

+4
Answers (1)
  1. 28 September, 12:55
    0
    E.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The amount of a good that must be given up to produce another good is the concept of: a. scarcity. b. specialization. c. trade. d. ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers