3
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 3 • EA Academy Civics 9

When looking at the opportunity cost of an economic decision, what is meant by the explicit costs of that decision?

Answer
A
options that were lost due to the decision
B
any cost that can be measured in terms of money
C
employment opportunities the decision will create
D
the potential savings the decision will bring
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