Question: An opportunity cost is: Multiple Choice the difference between the total cost of one alternative and the total cost of another alternative. the benefit forgone

An opportunity cost is:
Multiple Choice
the difference between the total cost of one alternative and the total cost of another alternative.
the benefit forgone when one alternative is selected rather than another.
a cost that is saved by not adopting a given alternative.
a cost that continues to be incurred even when there is no activity.

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