A firm's total opportunity cost of production is the sum of the cost of using resources a. bought in the market. b. owned by the firm. c. supplied by the firm's owner. d. bought in the market and supplied by the firm's owner. e. bought in the market, owned by the firm, and supplied by the firm's owner.

A firm's total opportunity cost of production is the sum of the cost of using resources a. bought in the market. b. owned by the firm. c. supplied by the firm's owner. d. bought in the market and supplied by the firm's owner. e. bought in the market, owned by the firm, and supplied by the firm's owner.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter10: Financing And Producing Goods

Section: Chapter Questions

Problem 6AA

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