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

Multiple Choice

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

A) It is the same for everyone who undertakes the action.
B) It is the difference between the benefits that result and the expenses incurred as a result of the action.
C) It is the value of the best forgone alternative.
D) It is the same as the expected benefit of the action.