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If One Fails to Account for Opportunity Costs in Decision

Question 170

Multiple Choice

If one fails to account for opportunity costs in decision making,then applying the cost-benefit principle will be flawed because


A) the benefits will be overstated.
B) the costs will be understated.
C) the benefits will be understated.
D) the costs will be overstated.
E) both benefits and costs will be understated.

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