Is it possible for a person to incur an opportunity cost without spending any money? Explain.

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Is it possible for a person to incur an opportunity cost without spending any money? Explain.
Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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