ECO101102 NOTES PARKLAND COLLEGE
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ECO101102 NOTES PARKLAND COLLEGE
- Other • 2522 pages • 2021
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ECO NOTES PARKLAND COLLEGE 
01/01/01 
 
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(1)	QID: 12876 
 
 
The opportunity cost of any particular choice is	the least expensive alternative to the choice. 
the best alternative to the choice. 
the price that one pays for the choice. 
the most expensive alternative to the choice. 
 
 
 
 
 
 
 
(2)	QID: 12879 
 
 
If you wait in line one hour to buy a concert ticket for $30, the opportunity cost of that ticket is	the best alternative use of the $30. the best alternative to the one hour it too...
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