Other Diagrams - AP Macroeconomics
Card 1 of 11
Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
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The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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Which of the following explanations best represent the concept of opportunity costs?
Which of the following explanations best represent the concept of opportunity costs?
Tap to reveal answer
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
The definition of the opportunity cost is the value of the highest valued alternative that is foregone in the production of a good. It is not the sum of all the alternative options, but rather only the most highly valued one.
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