Examlex
The apparent narrowing of a river as it flows directly away from you into the distance best illustrates the depth cue known as
Opportunity Cost
The value of the next best alternative forgone as a result of making a decision.
Submarine
A watercraft capable of independent operation underwater, often used for military purposes.
Production Possibility Frontier
An illustration representing the maximum production capabilities for multiple goods with a certain amount of resources.
Opportunity Cost
The economic consequence of bypassing the closest better choice when making a decision.
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