3294EconomicsMedium
Opportunity cost is________?
Athat which we forgo, or give up, when we make a choice or a decision.
Bthe additional benefit of buying an additional unit of a product
Ca cost that cannot be avoided. regardless of what is done in the future
Dthe cost incurred in the past before we make a decision about what to do in the future.
Correct answer
A. that which we forgo, or give up, when we make a choice or a decision.
Explanation
The correct answer is that which we forgo, or give up, when we make a choice or a decision..