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4. What is the term for something lost when an economic choice is made? capital free enterprise opportunity cost tariff
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4. What is the term for something lost when an economic choice is made?

capital
free enterprise
opportunity cost
tariff

User Evet
by
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2 Answers

6 votes
Opportunity costs indicated what must be given up
User Intl
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1 vote
Opportunity cost indicates what must be given up to obtain something that is desired.
User Anselmo
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