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bixtya [17]
3 years ago
12

In this scenario, Frankie must consider whether making one choice will force him to give up another.

Business
2 answers:
aksik [14]3 years ago
5 0
Based on the scenario above, the economic concept which Frakie is faced with is OPPORTUNITY COST. Opportunity cost refers to a benefit or value that a person could have received but which he gave up in order to take another course of action. Thus, an opportunity cost represents an alternative given up when a decision is made.
Gnom [1K]3 years ago
4 0

B. OPPORTUNITY COST !!!!!!!!!!!!!

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