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Question
joyce is thinking about spending saturday night at the movies, although she has many other choices for how to spend her saturday night. her choices represent her ______. alternatives opportunity costs trade - offs
Brief Explanations
Alternatives are different choices or options available. Opportunity cost is the value of the next - best alternative forgone. Trade - offs involve giving up one thing for another. Here, the different ways to spend Saturday night are just the available choices, which are alternatives.
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A. alternatives