Advanced Placement (AP), 27.08.2020 19:01 fmas6855

Which situation best describes an opportunity cost? A. A business that develops a new technology is able to make a
larger profit.
B. A person who buys a new laptop doesn't have money to buy new
headphones.
C. A government increases taxes on all businesses operating in the
city
D. An employee who earns a college degree is given a pay raise.

Answers: 2

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Which situation best describes an opportunity cost? A. A business that develops a new technology is...