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Scarcity and Choice
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Scarcity and Choice
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0. Basic Principles of Economics / Scarcity and Choice / Problem 5
Problem 5
If you decide to take a year off to travel instead of starting a job, what is the opportunity cost?
A
The cost of travel expenses.
B
The salary you would have earned during that year.
C
The experiences gained from traveling.
D
The time spent planning the trip.
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