does choosing to do one thing means giving up the opportunity to do something else?
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does choosing to do one thing means giving up the opportunity to do something else?
does choosing to do one thing means giving up the opportunity to do something else?
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Answer:
Yes, because Opportunity cost refers to what you have to give up to buy what you want in terms of other goods or services.
Explanation:
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Answer:
Since resources are limited, every time you make a choice about how to use them, you are also choosing to forego other options.