174k views
2 votes
What represents the value of the second-best alternative that a person gives up when making a choice? A. marginal spending B. marginal benefit C. opportunity cost D. marginal cost

User Ryan Amies
by
8.2k points

2 Answers

5 votes

Answer:

Answer is C.

Step-by-step explanation:

User NetAction
by
7.4k points
6 votes

opportunity cost epresents the value of the second-best alternative that a person gives up when making a choice

User Geedubb
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.