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1-Explain why opportunity cost is the best for gone alternative and provide examples of some opportunity costs that you have faced today. 2-Explain what it

1-Explain why opportunity cost is the best for gone alternative and provide examples of some opportunity costs that you have faced today.

2-Explain what it means to choose at the margin and illustrate with three choices at the margin that you have made today.

3-What is supply and On what factors does the supply of commodity depend?

4-Briefly explain what is determined by laws of returns of scale in long run analysis of production

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