ECONOMICS
OPPORTUNITY COST
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Construction companies are building new houses on land previously used for farming.What is the opportunity cost to society of this activity?
|
|
improved living conditions
|
|
|
less congestion in city centres
|
|
|
more homes for new homeowners
|
|
|
some farm output
|
Explanation:
There is 1 question to complete.