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cost of Monique s decision is the time she can spend on other activities. 8 . The opportunity cost of Monique's decision is the value

cost of Monique s decision is the time she can spend on other activities.
8. The opportunity cost of Monique's decision is the value of the next-best alternative not chosen.
C. The opportunity cost of volunteering at the shelter is the wages she gave up.
None of the above.
E. All of the above.
The Agrizone Corporation invests $19.5 million in a new inventory tracking system.
A. The opportunity cost of Agrizone's decision is the value of leaving the money unutilized.
B. The opportunity cost of Agrizone's decision is the value of the other investments it is pursuing at the same time.
C. The opportunity cost of investing in a new inventory tracking system is any other projects Agrizone could have invested in.
D. All of the above.
E. None of the above.
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