Opportunity cost is a microeconomic concept
Posted on: March 15, 2019 at 08:58:45 CT
ummmm MU
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i.e. it occurs at the individual level. Not at the macro level.
Furthermore, the "cost" that is associated with an "opportunity cost" is a positive benefit that is foregone in lieu of choosing an alternative that has other positive benefits. Murders are not foregone positive benefits of alternatively choosing property rights.
Seriously, who taught you to incorrectly use that term here?
Edited by ummmm at 08:59:10 on 03/15/19