The opportunity cost of any action is

Name: The opportunity cost of any action is
Brand: Quizplus
Rating: 4.9 (52 reviews)

Question

Quizplus · Accepted Answer

The opportunity cost of any action is defined as the value of the next best alternative that one foregoes as a result of making a decision. This means it's the highest-valued alternative given up, not necessarily measured in dollars or as a net benefit calculation, nor is it about all possible alternatives forgone, but rather the single most valuable one.

The Opportunity Cost of Any Action Is