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Select the correct answer. 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
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Select the correct answer.

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 Giana
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The value of the second-best alternative that a person gives up when making a choice represents the opportunity cost. The answer is C.

User Renee
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