What is opportunity cost?
the value of the third-best alternative that a person gives up when making a choice
the value of the immediate best alternative that a person gives up when making a choice
the value of the second-best alternative that a person gives up when making a choice
the value of the last best alternative that a person gives up when making a choice
the value of the second-worst alternative that a person gives up when making a choice
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What is opportunity cost?
the value of the third-best alternative that a person gives up when makin...
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