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What is the best definition of the term opportunity cost?
A. The projected profit made from selling a new product
B. The change in production cost from producing extra items
C. The incentives used to encourage people to make a decision
D. The benefits lost when making one choice over another

Respuesta :

Answer:D

Explanation:

Answer:

The CORRECT answer is D. The benefits lost when making one choice over another.

Explanation:

I got it correct myself and I got a 100% on the quiz!

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Answer Information:

Class: Global Economics

Chapter of Class: Economic Decision Making

Assingmnet Type & Number: Quiz 1.1.6

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