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The opportunity cost of an action is always equal to: the things you could have done instead of the action you chose to undertake. the money you give up to undertake the action. the time you give up to undertake the action. the next-best alternative for the resources used to undertake the action.

User Yenthe
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Answer:

the things you could have done instead of the action you chose to undertake

Step-by-step explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

I hope my answer helps you.

User Shailesh Sonare
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