Opportunity costs arise due to a. Resource scarcity. b. Lack of alternatives. c. Limited wants. d. Abundance

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Opportunity costs arise due to

a. Resource scarcity.

b. Lack of alternatives.

c. Limited wants.

d. Abundance of resources.

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Managerial Economics

ISBN: 9781337106665

5th Edition

Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward

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Question Posted: Jul 08, 2020 02:36 AM

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Opportunity costs arise due to a. Resource scarcity. b. Lack of alternatives. c. Limited wants. d. Abundance

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Managerial Economics

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