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2 The cost of the next best alternative along with the value of any additional benefits that come from using a product over another is
2 The cost of the next best alternative along with the value of any additional benefits that come from using a product over another is considered: 1 point Total Economic Value Product Price True Economic Value Cost of Goods Sold (COGS)
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Microeconomics
Authors: Michael Parkin
11th edition
133019942, 978-0133020250, 133020258, 978-0133019940
