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Author Question: When looked at on a national scale, the opportunity costs of producing a certain output are defined as (Read 26 times)

faduma

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on: May 25, 2020
When looked at on a national scale, the opportunity costs of producing a certain output are defined as
◦ explicit + implicit costs of the production.
◦ what it costs society as a whole to produce that output in terms of the best alternatives forgone.
◦ the marginal cost.
◦ what it costs a firm to produce that output in terms of the best alternatives it has forgone.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by faduma on May 25, 2020

carlsona147

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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faduma

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Reply 2 on: May 25, 2020
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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