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he cost of the next best alternative along with the value of any additional benefits that come from using a product over another is considered:
he 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 Product Price Cost of Goods Sold (COGS) Total Economic Value True Economic Value
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
9th Edition
978-0132146654, 0132146657, 9780273754091, 978-0273754206
