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The opportunity cost of choosing a decision option equals: a. Benefits plus costs of the chosen decision option. b. Benefits less costs of the chosen

The opportunity cost of choosing a decision option equals:

a.

Benefits plus costs of the chosen decision option.

b.

Benefits less costs of the chosen decision option.

c.

Benefits less costs of the best decision option that is not chosen.

d.

Sum of the net benefits of all the decision options that could not be chosen.

e.

None of the above.

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