The opportunity cost of investing is represented by:
a. the present value of the investment.
b. the marginal resource cost.
c. the marginal revenue product.
d. the interest rate.
d
Economics
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Under U.S. law, foreign ________ is (are) illegal in U.S. markets
A) dumping and export subsidies B) dumping only C) export subsidies only D) None of the above are illegal
Economics
In economics, what term is used to describe a concentration of efforts toward producing one type of goods?
a. repetition b. specialization c. competition d. consumption
Economics