Which of the Following Statements About the Opportunity Cost of an Item

Multiple Choice

Which of the following statements about the opportunity cost of an item is the most accurate?

A) It is the value of all available alternatives you sacrifice to get that item.
B) It is always equal to the dollar value of the item.
C) It is greater during periods of inflation and lower during periods of deflation.
D) It is the highest valued alternative you give up to get that item.