What do you mean by Opportunity cost? Options: A . &nbspThe accounting cost minus the marginal benefit. B . &nbspThe accounting cost minus the marginal cost C . &nbspThe highest-valued alternative forgone. D . &nbspBoth A & B

What do you mean by Opportunity cost?

Question

What do you mean by Opportunity cost?

Options:

A . The accounting cost minus the marginal benefit.

B . The accounting cost minus the marginal cost

C . The highest-valued alternative forgone.

D . Both A & B

Answer: Option C

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