assessing opportunity cost involves making choices and dealing with consequences. choosing consequences over…

assessing opportunity cost involves making choices and dealing with consequences. choosing consequences over rewards. reviewing past decisions and changing them. minimizing profit and loss.

assessing opportunity cost involves making choices and dealing with consequences. choosing consequences over rewards. reviewing past decisions and changing them. minimizing profit and loss.

Answer

Brief Explanations:

Opportunity cost is about the value of the next - best alternative forgone when a choice is made. It involves making a choice and dealing with the consequences of not choosing other alternatives.

Answer:

making choices and dealing with consequences.