Question 68

The concept of opportunity cost is important to the firm because it

  • A. determines the prices of the firm's product
  • B. increases the level of output of the firm
  • C. leads to maximum satisfaction to the consumers
  • D. guides firms in allocating resources
Objective

Question details

Exam body
BUK
Subject
Economics
Year
2010/2011
Question no.
#68
Type
Objective

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