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Social Studies, 23.09.2020 14:01 Jasten
Which situation best illustrates an example of an opportunity cost?
A. A factory owner performs a cost-benefit analysis to decide on a
wage for her newest employees.
B. A company invests in new cell phone technology but does not
have money left over to invest in new computers.
C. An auto dealership decides to stop selling a certain brand of truck
because it has been in low demand.
D. A restaurant offers new customers discounted rates in order to
attract more loyal customers over time.
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Answers: 2
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Which situation best illustrates an example of an opportunity cost?
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