Optimal decision-making and opportunity costs | AP(R) Microeconomics | Khan Academy
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Optimal decision-making and opportunity costs | AP(R) Microeconomics | Khan Academy
Keep going! Check out the next lesson and practice what you’re learning: https://www.khanacademy.org/economics-finance-domain/ap-microeconomics/basic-economic-concepts/cost-benefit-analysis/v/accounting-profit-vs-economic-profit A rational agent considers all costs, including explicit and implicit costs, when deciding whether or not to ...
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