1. Business
  2. Economics
  3. one of the ten principles of economics is that people...

Question: one of the ten principles of economics is that people...

Question details

One of the Ten Principles of Economics is that people face tradeoffs. The growth that arises from capital accumulation is not a free lunch vered What is the opportunity cost of that capital accumulation? o 1.00Select one: estion People need to work longer hours, thus having less time for leisure a enaon can produce the acumulated capta People need to devote less time in school and more at work. o People need to consume less goods and services now in order to enjoy more consumption in the future. Next page
Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution