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Year 9 Economics Basics Flashcards | StudBud
Year 9 Economics Basics
1 / 10
Why do all decisions have an opportunity cost?
A
If a choice is made, there is always an option not chosen.
B
When one alternative is chosen, scarcity does not change.
C
Opportunity cost is an important concept..
D
If there is no opportunty cost scarcity would increase.
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