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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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