You have the opportunity to buy a new car or a used car, define opportunity cost...

 

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You have the opportunity to buy a new car or a used car, define opportunity cost and state what opportunities cost occurred when you purchased one car over the other? Define Opportunity Cost: Answer: What was the opportunity costs that occurred when you purchased one car over the other? Answer: You have the opportunity to buy a new car or a used car, define opportunity cost and state what opportunities cost occurred when you purchased one car over the other? Define Opportunity Cost: Answer: What was the opportunity costs that occurred when you purchased one car over the other? Answer:

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Opportunity cost refers to the value of the next best alternative that must be forgone when a decisi... View the full answer