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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

User Shyju
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1 Answer

5 votes

Answer:

opportunity cost

Step-by-step explanation:

This is the economical lost of expending the same amount of resources doing other activity that would give you another economic profit.

User Docans
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