The concept of opportunity cost is based on the principle of

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Author Question: The concept of opportunity cost is based on the principle of (Read 45 times)

nummyann

Hero Member
Posts: 576

on: Apr 19, 2019

The concept of opportunity cost is based on the principle of

◦ need.
◦ consumption.
◦ scarcity.
◦ profit.

Principles of Economics ¦ Case, Fair, Oster ¦ 12^th Edition

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frre432

Sr. Member
Posts: 347

Reply #1 on: Apr 19, 2019

scarcity.

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nummyann

Hero Member
Posts: 576

Reply #2 on: Apr 19, 2019

Thank you!

frre432

Sr. Member
Posts: 347

Reply #3 on: Apr 19, 2019

Always glad to help...

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