Respuesta :

Opportunity cost would be best described as a trade off

An opportunity cost would be best described as a trade off.

What is an opportunity cost?

It refers to a value of what is rejected in order to perform the chosen alternative.

Genetally, the term trade-off means opportunity cost because it is the most preferred possible alternative.

Hence, an opportunity cost is best described as a trade off.

Therefore, the Option D is correct.

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