Question

FOR A MEDAL

Answer 1

A local government decides to use taxpayer dollars to pay for a community recreation building. Those funds could have been used instead to fund public busing, or they could have been given back to the taxpayers. What term best describes the value of the other things the funding could have been used for?

Supply and demand

Scarcity

Opportunity cost

Market economy

Answer 2

@charlotte123

Answer 3

people say its A o-o

Answer 4

I am gonna say Opportunity Cost -
A local government DECIDES to use taxpayer dollars to pay for a community recreation building. Those funds COULD have been used instead to fund public busing - or they could have been given back to the taxpayers.
Opportunity cost - http://answers.yahoo.com/question/index?qid=20080209143335AArFEfQ

Answer 5

thanks :)

Answer 6

No problem!