Choice involves opportunity cost because
...Choice involves opportunity cost because
Goods give different utilities
Available resources are inadequate
There are many goods to select from
Not all goods have the same price
Correct answer is B
No explanation has been provided for this answer.
The average tax rate is defined as ...
The Nigerian indigenization decree process involves ...
Summary of production conditions in countries l and ll. From the table, we can correctly say in r...
In a perfect market, price and quantity to be bought are determined by the ...
Malthus became famous through his theory which may be stated simply ...
A supply curve parallel to the X-axis indicates ...
The value of money is determined by the ...