Which describes the connection between opportunity cost and capital?
a. opportunity cost rep...
Which describes the connection between opportunity cost and capital?
a. opportunity cost represents an increase in capital that was not expected.
b. opportunity cost represents capital that is spent, rather than saved.
c. opportunity cost reflects an increase in profits as a result of scarcity.
d. opportunity cost reflects a decrease in profits as a result of increased supply.
Answers: 1
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