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

asked May 23, 2021 150k views

4 votes

4. What is the term for something lost when an economic choice is made?

capital
free enterprise
opportunity cost
tariff

by Evet

8.5k points

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6 votes

Opportunity costs indicated what must be given up

Intl answered May 25, 2021

by Intl

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1 vote

Opportunity cost indicates what must be given up to obtain something that is desired.

Anselmo answered May 29, 2021

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