Explain how Internet access has changed the production possibilities and the opportunity cost of producing education and

Question:

Explain how Internet access has changed the production possibilities and the opportunity cost of producing education and news.


Everyone should have free Internet access to education, news, jobs, and more.

Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

Question Posted: