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Economic decision-makers should consider all costs that are related to their choice in any way.

A. True
B. False


Sagot :

Final answer:

Economic decision makers must consider all costs related to their choices, including opportunity cost.


Explanation:

All costs that are related to their choice must be considered by economic decision makers. This includes opportunity cost, which is the benefit of the best foregone alternative. Every choice involves costs as economists emphasize the importance of understanding opportunity costs.


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