DeSSA Social Studies Grade 7 Practice Questions - Delaware System Of Student Assessments (DeSSA) Social Studies - Grade 7 Exam

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A town can spend a $2 million grant on a new library or on repaving streets, but not both. What is the opportunity cost of choosing the library?

The repaved streets the town gives up by choosing the library The $2 million grant itself, since it must be spent The salaries of the librarians the town will hire The taxes residents already paid in previous years

Correct Answer:

The repaved streets the town gives up by choosing the library

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