ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Joe was shopping for a truck. He has looked at similarly priced Ford, Chevrolet, Toyota, andRam models. After a lot of thought, he narrowed it down to either the Ford or the Chevrolet.He selected the Ford because he liked the interior a little better. What was his opportunity cost?
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Ford
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Chevrolet
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Toyota
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Ram
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Explanation:
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