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The number one thing that is given up in order to do something else is referred to as the _________.

law of supply
law of scarcity
opportunity cost
equilibrium price

2 Answers

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The number one thing that is given up in order to do something else is referred to as the _C. opportunity cost________.
User Stan Liu
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The correct answer is C) Opportunity cost. Hope this helps.
User Nktssh
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