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Vladimir79 [104]
3 years ago
6

Opportunity cost is most related to which concept

Social Studies
1 answer:
Darina [25.2K]3 years ago
8 0

" In simple terms, opportunity cost is the benefit not received as a result of not selecting the next best option. Opportunity cost is a key concept in economics, and has been described as expressing "the basic relationship between scarcity and choice".

Explanation:

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The sugar and stamp acts created incentives for which groups to engage in collective action
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<span>New England merchants and Southern planters</span>
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Piaget focused on two processes, assimilation and accommodation to study the nature of intelligence. Accommodation refers to the process in which new information is adopted by the individual in a different environment and is altered so that it can fit with the pre-existing knowledge. It helps in fixing the new information.

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