Multiple Choice
"Opportunity cost" refers to:
A) the dollar price paid for a good.
B) the price paid for the opportunity to buy stock in an initial public offering.
C) the value of the best foregone alternative.
D) the finder's fee paid to a job placement agency for locating employment for workers.
E) the membership fee paid to join a club.
Correct Answer:
Verified
Correct Answer:
Verified
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