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1.3.2 The influence of opportunity cost on decision making

Unit 1.3.2 - The influence of opportunity cost on decision makingThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the influence of opportunity cost on decision making made by consumers, workers, producers, and governments when allocating their resources.Opportunity cost directly influences the decision making of economic agents (namely consumers, workers, producers and governments)....

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