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Alex
3 years ago
12

What is the correct definition of an opportunity cost​

History
2 answers:
VikaD [51]3 years ago
8 0
The loss of potential gain from other alternatives when one alternative is chosen.
Example: “idle cash balances represent an opportunity cost in terms of lost interest"
Setler79 [48]3 years ago
3 0

the loss of potential gain from other alternatives when one alternative is chosen.

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