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  9. Q8
Question 8

Which of these is the real cost of satisfying any want in the sense that has to be foregone?

  • A.Variable cost
  • B.Opportunity cost
  • C.Total cost
  • D.Prime cost.
Objective

Question details

Exam body
FUTA
Subject
Economics
Year
2008/2009
Question no.
#8
Type
Objective
Previous · Q7A firm achieves least cost in production by substituting factors until Next · Q9 Scarcity in economics means that

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