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Which situation bestillustrates the economic concept of opportunity cost?
A. A business opens branches overseas, so it has to hire more
multilingual staff.
B. A business decides to expand by borrowing a lot of money from
an investor.
O C. A business has to change its production methods to meet
environmental regulations.
O D. A business hires a new programmer, so it can't afford to hire a new
salesperson.
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Answers: 1
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Which situation bestillustrates the economic concept of opportunity cost?
A. A business opens branc...
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