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11 December, 22:13

It is better for business to have BLANK opportunity costs, as it gives them a comparative advantage

a. higher

b. lower

c. multiple

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Answers (1)
  1. 11 December, 22:22
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    It is better to have lower opportunity costs, because then it is easier for the business to change and adapt to the market. Opportunity costs are what you give up in one thing in order to be able to do something else, so if you have high opportunity costs and need to make a change it will be more difficult and expensive to do so.
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