in what unit is opportunity cost of yoyos measured?
a. daler
b. daler per yoyo
c. daler per sweatsock
d. yoyo
e. sweatesock
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September 3rd, 2009 at 7:27 am
Opportunity cost is whatever you give up to produce more of the good.
If you are on the PPF, making more of one good means making less of the other.