Opportunity cost is:
the value of the best alternative that you give up.
the most desired goods and services that are foregone in order to obtain something else.
what you sacrifice in order to do something.
All of the above are true.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Opportunity cost is: the value of the best alternative that you give up. the most desired goods and services that are foregone in order to ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The current assets section of the balance sheet should include: machinery. patents. goodwill. inventory
Answers (1)
In the late 1960s, Congress created a number of agencies designed to address a struggling secondary market for residential mortgages.
Answers (1)
What is the meaning of commerce?
Answers (1)
The Federal Financial Institutions Examination Council (FFIEC) promotes uniform practices among the federal financial institutions.
Answers (1)
When do the OSD comptroller analyst and Office of Management and Budget analyst hold hearings to review the service's budget?
Answers (1)
New Questions in Business
Universal Containers (UC) wants Lightning Experience enabled employees who have Salesforce user licences to access a Community. The employee profiles have been added to the Community membership.
Answers (1)
The most common measure of market potential of an economy is a country's
Answers (1)
Beatrice becomes unresponsive and withdraws during disputes with her partner. according to gottman, this is an example of
Answers (1)
A customer complains that he was short changed by you receiving only 13 cents change from 2 dollars instead of 31 cents. what would you do
Answers (1)
An example of a primary sector activity is
Answers (1)