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Question 5

Choice involves opportunity cost because

  • A.available resources are inadequate
  • B.there are many goods to select from
  • C.goods give different utilities
  • D.not all goods have the same price
Objective

Question details

Exam body
UNIPORT
Subject
Economics
Year
2015/2016 Model 1
Question no.
#5
Type
Objective
Previous · Q4In computing national income, transfers are excluded because Next · Q6 A straight line indifference curve indicates that the two products are

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