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Question
which of these has the largest impact on opportunity cost? limited resources consumer wants consumer needs tight deadlines
Opportunity cost is the value of the next - best alternative forgone. Limited resources force trade - offs, as when resources are scarce, choosing one option means giving up others. This has a large impact on opportunity cost. Consumer wants and needs can influence choices but are not as fundamental as resource limitations. Tight deadlines can be a factor but are secondary to resource constraints in determining opportunity cost.
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