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opportunity cost occurs because of a producers need to allocate resourc…

Question

opportunity cost occurs because of a producers need to allocate resources. spend resources. protect resources. limit resources.

Explanation:

Brief Explanations

Opportunity cost is about the value of the next - best alternative forgone when resources are allocated. Producers have to decide how to allocate scarce resources among different uses, and this decision - making process gives rise to opportunity cost.

Answer:

allocate resources.