Which of the following best describes the concept of "opportunity cost?" A. Opportunity cost is what you give up when making

Question

Which of the following best describes the concept of "opportunity cost?" 
A. Opportunity cost is what you give up when making your choice. 
B. Opportunity cost is the amount of time it took for you to make the decision. 
C. Opportunity cost is the cost of the item minus the sale price. 
D. Opportunity cost is what you gain from making the choice.

Kunduz · Accepted Answer

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