Opportunity cost is best defined as the value of :

Opportunity cost is best defined as the value of :

Opportunity cost is best defined as the value of : ?

Created: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

All the other possible things that the decision maker could have chosen

The alternative that the decision maker would have chosen from the available

What is gained from the alternative that is chosen.

The next best alternative that the decision forces one to give up

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In the mixed economy:

He ran away having (take) the money.

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