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brianrangel78 brianrangel78
  • 04-09-2015
  • History
Answered

why do economists measure the cost or money price of thhings when oppritunity cost is what we actually are considering when we decide whether or not to purchase something

Verified Answer :

HistoryGuy HistoryGuy
  • 06-09-2015

Although opportunity cost is definitely important, it is hard to put a "price" on the opportunity in many cases, which makes it unmeasurable. This is why economists focus almost exclusively on price.

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