The general rule is that the an alternative opportunity cost should not exceed the value of the

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The general rule is that the an alternative opportunity cost should not exceed the value of the selected option, the sunk cost cannot be recovered or disposed of.

Explain with an explanation of a practical example (explanation and numbers are required) please no less than 200 words and please from all my heart do not use handwriting

Posted Date: Nov 10, 2021 02:28 PM

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The general rule is that the an alternative opportunity cost should not exceed the value of the

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Expert Answer:

Opportunity costis the value of next best alternative when a decision is made its what is given up I... View the full answer

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