That which we forgo, or give up, when we make a choice or a decision is known as
A) equity.
B) causation.
C) correlation.
D) opportunity cost.

Question

Quizplus · Accepted Answer

Opportunity cost refers to the benefits or value one gives up by choosing one alternative over another. It's a fundamental concept in economics and decision-making, representing the potential gains from the best-foregone option.

That Which We Forgo, or Give Up, When We Make