Question: Define opportunity cost. A. Expected future costs that differ among the alternative courses of action being considered. B. The sum of all costs (variable and

Define opportunity cost. A. Expected future costs that differ among the alternative courses of action being considered. B. The sum of all costs (variable and fixed) in a particular business function of the value chain, such as manufacturing costs or marketing costs. C. The additional total cost incurred for an activity. D. The contribution to income that is forgone (rejected) by not using a limited resource in its next-best alternative use

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