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The Three Questions of Economics

Question 2 • (Galli)WCA 2221 Civics/Economics 1st nine weeks 26-27

Opportunity cost forces consumers and producers to make.

Answer
A
products
B
purchases
C
choices

Explanation

Opportunity cost is the value of the next-best alternative given up when a decision is made. Because resources such as time and money are limited, consumers and producers must weigh alternatives and make choices. The correct answer is choices.

AI-written and checked against the verified answer.

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