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Computers and TechnologyComputers and Technology
27 November, 12:31

A person who wants to buy a compact disc (cd) has just enough money to buy one, and chooses cd a instead of cd

b. what is cd b?

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  1. 27 November, 13:36
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    If someone who wants to acquire a compact disc (CD) has just sufficient money to buy one, and chooses CD a instead of CD b, then CD B is the opportunity cost.

    To add, opportunity cost. the loss of potential gain from other alternatives when one alternative is chosen.
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