Which of the Following has the Largest Impact on Opportunity Cost?
Answer :
A. Consumer wants.
B. Limited resources
C. Tight deadlines
D. Consumer needs
Correct Answer: B. Limited resources
Opportunity cost is the value of forgoing one option for another. Limited resources cause scarcity and drive businesses to make choices with associated opportunity costs.
Related Questions: Which of the Following is not a Common Feature of a Financial Institution?"
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