Question
Opportunity cost
A.
only is considered for goods in short supply.
B.
is the value of the next best alternative as a result of choosing some given alternative.
C.
is the value of all alternatives forgone as a result of choosing some given alternative.
D.
either B or C.
A.
only is considered for goods in short supply.
B.
is the value of the next best alternative as a result of choosing some given alternative.
C.
is the value of all alternatives forgone as a result of choosing some given alternative.
D.
either B or C.
Answers
Bot
D. either B or C.