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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 co…

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 co…
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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
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2 Answers

5 votes

Answer:

Answer is C.

Step-by-step explanation:

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

User Geedubb
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