MCQOPTIONS
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| 1. |
If a commodity is provided free to the public by the Government, then |
| A. | the opportunity cost is zero |
| B. | the opportunity cost is ignored |
| C. | the opportunity cost is transferred from the consumers of the product to the tax-paying public. |
| D. | the opportunity cost is transferred from the consumers of the product to the Government. |
| Answer» D. the opportunity cost is transferred from the consumers of the product to the Government. | |