This concept is called communism. It was founded b Karl Marx and Freidrich Engels in the 1800s.<span />
Answer:
Opportunity cost is the cost of the next-best option. It is something important to know.
Explanation:
In microeconomic theory, opportunity cost is the loss or the benefit that could have been enjoyed if the best alternative choice was chosen. As a representation of the relationship between scarcity and choice, the objective of opportunity cost is to ensure the efficient use of scarce resources.
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Federal civil rights claims, antitrust actions, and copyright and pa ten t cases.
In New Zealand a long, vigorous walk or hike is called tramping.
