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Describe the significance of opportunity cost

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Reference no: EM133132683

Q1. Describe in your own words what the study of economics involves. In order to achieve maximum marks, you should include examples from the course content, readings, and your own life.

Q2. Describe the significance of opportunity cost and provide an example of how you can use your understanding of opportunity to make decisions. In your example, determine the opportunity cost.

Reference no: EM133132683

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