Q
The concept of opportunity cost ?
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A
A. Is relevant only for a capitalist economy like the united states.
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B
B. Suggests a major increase in public health care spending means an expansion in other areas will be harder to achieve.
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C
C. Suggests all our wants can be achieved.
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D
D. Would be relevant if we eliminated poverty
Correct Answer:
B. B. Suggests a major increase in public health care spending means an expansion in other areas will be harder to achieve.