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Starts Feb 8, 2020 11:59 PM Opportunity costs are the potential benefits a person or company forgoes when choosing one alternative over others. Both business
Starts Feb 8, 2020 11:59 PM Opportunity costs are the potential benefits a person or company forgoes when choosing one alternative over others. Both business decisions and personal decisions can have opportunity costs. While opportunity costs are measured in terms of monetary impact for cost accounting purposes, in reality, most important decisions have both quantitative and qualitative components
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