When we choose a particular option, we must give up alternative options. The highest- valued alternative forgone is the _______ of the option chosen.
A) absolute advantage
B) comparative advantage
C) nonmonetary cost
D) opportunity cost

Name: When we choose a particular option, we must give up alternative options. The highest- valued alternative forgone is the _______ of the option chosen. A) absolute advantage B) comparative advantage C) nonmonetary cost D) opportunity cost
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Question

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The Answer is D

When We Choose a Particular Option, We Must Give Up