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Opportunity cost Group of answer choices a. Reduces the need to make choices. b. Is the production forgone from the best alternative use of a

Opportunity cost

Group of answer choices

a. Reduces the need to make choices.

b. Is the production forgone from the best alternative use of a resource

c. Applies only to allocating capital.

d. Is another name for the "invisible hand"

e. Is greater for free resources than for economic resources.

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