Which of the following is the best example of opportunity cost?
A) a company's expenditures on a training program for its employees
B) the rate of return on a company's investment
C) the amount of money that a company can earn by depositing excess funds in a money market fund
D) the profit that a company forgoes when it decides to drop one product line in favor of another one
D
Economics
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In the light of the infant industry argument, identify the industry which is likely to have substantially high initial costs
a. Fashion designing b. Retail industry c. Iron and steel industry d. Dairy industry e. Software industry
Economics
Most studies have found that tobacco and marijuana are substitutes rather than complements
a. True b. False Indicate whether the statement is true or false
Economics