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An Opportunity Cost Can Be Described As

Question 7

Multiple Choice

An opportunity cost can be described as:


A) the cost of using a resource versus using a different kind of resource
B) the sales you get from taking the risk and exploding the opportunity
C) the cost of using a resource in terms of the loss of its alternative uses; this is measured by the value of the next best alternative use of that resource
D) All of these choices

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