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    Exam 1: Limits, Alternatives, and Choices
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    Opportunity Cost Is Best Defined As
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Opportunity Cost Is Best Defined As

Question 78

Question 78

Multiple Choice

Opportunity cost is best defined as:


A) marginal cost minus marginal benefit.
B) the value of the best forgone alternative.
C) the time spent on an economic activity.
D) the money cost of an economic decision.

Correct Answer:

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