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Opportunity cost is _____. a.the cost of producing an additional unit of a product b.the sum of all the costs incurred to produce a product

Opportunity cost is _____.

a.the cost of producing an additional unit of a product

b.the sum of all the costs incurred to produce a product

c.the cost which varies in direct proportion to the volume of production

d.the revenue that is forgone from an alternative use of an asset, such as cash

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