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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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