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 Option
c

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Chuks612
8 years ago

it has to be option due to opportunity cost- which I'd said to the opportunity forgone, since nothing was forgone or given up in order to obtain the commodity. it's then said it had no cost.

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