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From an economic point of view, an activity does not have a cost when

Economics
JAMB 1980

From an economic point of view, an activity does not have a cost when
  • A. someone else pays for it
  • B. the returns are greater than the cost
  • C. the choice involves giving up nothing
  • D. the government pays for it
  • E. it is paid for from a gift
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Correct Answer: Option C
Explanation
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