An important concept in Economics is that of Opportunity Cost. a. Generally, what is the opportunity cost of a choice? b. Why do Economists consider the opportunity cost of a choice and not just the accounting cost? In other words, what information does opportunity cost provide one that strictly looking at accounting costs might not? c. Briefly state a recent choice you or your firm had to consider and indicate the opportunity cost. Note you do not have to give a monetary amount, rather just briefly state what the factor(s) are/were