Which of the following best explains why considering opportunity costs is a
rational thing for...
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Geography, 19.04.2020 00:38 Hannahmiller3773
Which of the following best explains why considering opportunity costs is a
rational thing for consumers to do?
A. What you sacrifice for a decision is one of the non-monetary costs
of many choices.
B. All choices for something involve giving something else up.
C. Knowing how much one more unit will cost is important
information.
D. It is impossible to know the utility of something without
understanding its opportunity cost.
ANSWER IS A
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