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The opportunity cost. of an item is the number of hours needed to earn money to buy the item. O what you give up to
The opportunity cost. of an item is
the number of hours needed to earn money to buy the item.
O what you give up to pet that item.
usually less than the dollar value of the item.
O the dollar value of the item.
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The Lever Of Riches Technological Creativity And Economic Progress
Authors: Joel Mokyr
1st Edition
0195074777, 9780195074772
