Question: The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n): O A) Differential cost.

 The potential benefits lost by taking a specific action when two

The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n): O A) Differential cost. O B) Sunk cost. C) Out-of-pocket cost. OD) Opportunity cost. E) Alternative cost

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