Answers Economics Full-Year Practice TestQuestion 2

2

practice testMultiple Choice

Practice Test

Question 2 • Economics (Full-Year)

Which of these statements about opportunity cost are true? Choose three correct answers.

Answer

A

It influences consumers.

B

It assists in anticipating profits.

C

It encourages people to spread their resources around.

D

It exists because resources are scarce.

E

It influences producers.

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