Opportunity Cost Is Best Defined as the Value of

Multiple Choice

Opportunity cost is best defined as the value of

A) all of the other possible options that the decision maker could have chosen.
B) the alternative which the decision maker would choose if more resources were available.
C) what is gained from the alternative which is chosen.
D) resources that are given up to attain the alternative that is chosen.
E) the next best alternative that the decision forces one to give up.