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Which of the following would increase in response to a decrease in the price of ironing boards?
Opportunity Cost
The forfeiture of potential advantages from various alternatives upon choosing one.
Control Over
The authority or power to regulate, direct, or dominate a situation, process, or entity.
Technological Advances
Innovations and improvements in technology that increase productivity and potentially lead to economic growth and development.
Specialized Resources
Resources uniquely suited for a specific type of production or service, enhancing efficiency.
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