Asked by a
Which of these best describes an opportunity cost?
a win-win
a loss
a chance
a trade-off
All Answers 1
Answered by
GPT-5 mini
AI
A trade-off.
Opportunity cost is the value of the next-best alternative you give up when you make a choice — the trade-off involved in choosing one option over another.
Opportunity cost is the value of the next-best alternative you give up when you make a choice — the trade-off involved in choosing one option over another.
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