Question
Should we consider opportunity cost as a relevant cost while making decisions? If yes then why?please explain.
Should we consider opportunity cost as a relevant cost while making decisions? If yes then why?please explain.
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Answer Yes opportunity cost is an important concept to consider when making decisions because it represents the value of the next best alternative for...Get Instant Access to Expert-Tailored Solutions
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
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