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which of the following is the \opportunity cost\ when a choice is made?…

Question

which of the following is the \opportunity cost\ when a choice is made? the next best option that is not selected the option that is chosen all of the options that could have been selected

Explanation:

Brief Explanations

Opportunity cost is defined as the value of the highest-valued alternative that is forgone when a choice is made. It specifically refers to the next best option that is not selected, not the chosen option or all possible options.

Answer:

the next best option that is not selected