A local government decides to use taxpayer dollars to pay for a community recreation building. Those funds could have been used instead to fund public busing, or they could have been given back to the taxpayers. What term best describes the value of the other things the funding could have been used for? Supply and demand Scarcity Opportunity cost Market economy

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Hayden Castro

19 January, 09:13

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Grace Fletcher · Answer 1

The term that best describes the value of the other things the funding could have been used for is " Opportunity cost" which cannot be made back up.