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11. Assume that a nation is trying to choose between more military spending or providing their young people with a college education. What economic term(s)
11. Assume that a nation is trying to choose between more military spending or providing
their young people with a college education. What economic term(s) listed below best describe
this situation?
A) Marginal Benefit vs. Marginal Cost analysis.
B) Production Possibilities Curve analysis.
C) Opportunity Cost analysis.
D) All terms listed above are acceptable when trying to decide between two alternatives.
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