[Answered] Opportunity cost What will be an ideal response? ...

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Author Question: Opportunity cost What will be an ideal response? ... (Read 8 times)

leilurhhh

Hero Member
Posts: 560

on: Jul 22, 2018

Opportunity cost

What will be an ideal response?

Question 2

Market economy

What will be an ideal response?

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sierramartinez

Sr. Member
Posts: 313

Reply #1 on: Jul 22, 2018

Answer to Question 1

goods and services forgone when the decision is made to produce more of one item and less of another

Answer to Question 2

economic systems in which individual buyers and sellers price, buy, and trade goods and services freely based on individual knowledge of competitive offers

leilurhhh

Member
Posts: 560

Reply 2 on: Jul 22, 2018

Gracias!

Hdosisshsbshs

Member
Posts: 315

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

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