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irakobra [83]
3 years ago
13

When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the _______________

__ of investing in physical capital.
Business
1 answer:
Blababa [14]3 years ago
6 0

Answer:

opportunity cost

Explanation:

When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the opportunity cost of investing in physical capital.

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