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Which of the following are true of an opportunity cost? Multiple Choice The potential benefit given up when the choice of one action precludes a

Which of the following are true of an opportunity cost?

Multiple Choice

The potential benefit given up when the choice of one action precludes a different action

Tend to be overlooked

All of the answers are correct

Their importance is underestimated

Just as relevant as out

-

-

pocket costs in evaluating decision alternatives

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