assessing opportunity cost involves\nmaking choices and dealing with consequences.\nchoosing consequences…
assessing opportunity cost involves\nmaking choices and dealing with consequences.\nchoosing consequences over rewards.\nreviewing past decisions and changing them.\nminimizing profit and loss.
Answer
Brief Explanations:
Opportunity cost is about the value of the next - best alternative forgone when making a choice. It involves making a choice and dealing with the consequences of that choice. For example, if you choose to invest in one project, the opportunity cost is what you could have gained from an alternative project.
Answer:
making choices and dealing with consequences.