Why is the opportunity cost of an option equal to the value of the best of all

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Why is the opportunity cost of an option equal to the value of the best of all the alternatives that had to be forgone?

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Economics Barrons Business Review Series

ISBN: 9781438008776

6th Edition

Authors: Walter J. Wessels

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Question Posted: Feb 17, 2024 01:32 PM

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Why is the opportunity cost of an option equal to the value of the best of all

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Economics Barrons Business Review Series

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