lukeraney123 lukeraney123

03-12-2019
Business

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Select the correct answer.
What represents the value of the second-best alternative that a person gives up when making a choice?
A. marginal spending
B. marginal benefit
C. opportunity cost
D. marginal cost

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gabiedixon07 gabiedixon07

03-12-2019

The value of the second-best alternative that a person gives up when making a choice represents the opportunity cost. The answer is C.

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