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An opportunity cost: An opportunity cost Multiple Choice is an unavoidable cost because it remains the same regardless of the alternative chosen. Is the potential

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An opportunity cost Multiple Choice is an unavoidable cost because it remains the same regardless of the alternative chosen. Is the potential benefit lost by choosing a specific alternative course of action among two or more. Requires a current outlay of cash. Is Irrelevant In decision making because it occurred in the past. Results from past managerial decisions

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