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    Exam 10: Price: What Is the Value Proposition Worth
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    The Value of Something We Give Up in Order to Obtain
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The Value of Something We Give Up in Order to Obtain

Question 89

Question 89

Multiple Choice

The value of something we give up in order to obtain something else is referred to as a(n) ________.


A) transformation cost
B) opportunity cost
C) exchange
D) variable cost
E) marginal cost

Correct Answer:

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