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Download Economics MCQs App | What are Costs? e-Book PDF
Economics Entrance Tests: Mock Test 16
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When resources are valued, the costs show how much these resources would earn if used in their best alternative uses is known as
The ratio of the marginal opportunity costs of two commodities can be known by
A tax burden will always be heavily imposed where market is
The amount of a good that a consumer is willing to give up for another good, as long as the new good is equally satisfying is known as
The difference between the values of imports and exports refers to
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