56.9k views
2 votes
The cost of the next best alternative use of money, time, or resources, when one

choice is made rather than another

Question 7 options:

opportunity cost


User Assessment


Alternative Banking


Search Cost

1 Answer

6 votes

Answer:

opportunity cost

Step-by-step explanation:

opportunity cost means the cost a person must pay for chosing one of two alternatives.

User Blondie
by
6.7k points