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5 February, 10:55

The cost of the next best alternative use of money, time, or resources, when one

choice is made rather than another

Question 14 options:

opportunity cost

Search Cost

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Alternative Banking

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Answers (2)
  1. 5 February, 13:57
    0
    A is the correct answer (opportunity cost)
  2. 5 February, 13:59
    0
    Answer: Opportunity cost

    Explanation:

    By definition opportunity cost is the value of the choice or good given up for a different good.
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