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Question 12 3 pt Which of the following statements regarding opportunity costs is true? In terms of most short-run decisions, they are irrelevant These costs

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Question 12 3 pt Which of the following statements regarding "opportunity costs" is true? In terms of most short-run decisions, they are irrelevant These costs relate to the benefit lost or foregone when a chosen option course of action) precludes the benefits of an alternative option fro being realized. These costs are recorded routinely by most modern cost accounting systems They are usually considered a sunk cost associated with one or more decision alternatives. These costs are generally deductible for federal income tax purposes in the U.S

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