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The _______ _____of a business decision involves giving up the next best alternative to the choice that is made.

Sagot :

The opportunity cost is the value of the next best alternative foregone. Every decision necessarily means giving up other options, which all have a value. The opportunity cost is the value one could have derived from using the same resources another way, though this is not always easily quantifiable.
rjhoogie

Answer:

The opportunity cost is the correct answer

Explanation:

I just used this answer and it was correct

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