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    Business
  3. Study Set
    Strategic Management
  4. Exam
    Exam 5: Competitive Advantage, Firm Performance, and Business Models
  5. Question
    ________ Are Best Described as the Value of the Best
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________ Are Best Described as the Value of the Best

Question 37

Question 37

Multiple Choice

________ are best described as the value of the best forgone alternative use of the resources employed.


A) Variable costs
B) Opportunity costs
C) Social costs
D) Switching costs

Correct Answer:

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