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The difference between a marginal cost and an opportunity cost is a. marginal cost is the cost of the last unit, while opportunity cost is
The difference between a marginal cost and an opportunity cost is
a. marginal cost is the cost of the last unit, while opportunity cost is the cost of the opportunity sacrificed.
b. marginal cost involves decisions "at the margin", while opportunity cost involves alternatives.
c. opportunity cost makes up only part of marginal cost.
d. All of the above
e. There is no difference
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