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AveGali [126]
3 years ago
9

The value of the next best alternative given up is called ?

Social Studies
1 answer:
mart [117]3 years ago
7 0

Answer:

I believe the correct answer is <u>"opportunity cost"</u>.

Explanation:

The <u>opportunity cost</u> of a choice is the value of the best alternative given up. Scarcity is the condition of not being able to have all of the goods and services one wants.

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