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Opportunity cost is best defined as Select one: a.the amount given up when choosing one activity over the next best alternative. b.a profit that is
Opportunity cost is best defined as
Select one:
a.the amount given up when choosing one activity over the next best alternative.
b.a profit that is greater than the one currently being made.
c.money spent on an activity that could be used in another alternative.
d.the amount given up when choosing one activity over all other alternatives.
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