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Opportunity cost is
when faced with several options.
the loss experienced from an option not chosen
O the best and cheapest option
O comparing the benefit of each option
evaluating the price one pays for each option

Respuesta :

Opportunity cost is when faced with several options which is  the loss experienced from an option not chosen.

What is opportunity cost?

Opportunity cost is the loss incurred by forgoing an option in a situation when faced with the decision to choose one of the several options available.

In a case where an employee has the option to choose between $2000 or 20 shares of the company, the shares would be the opportunity cost if the $2000 is chosen.

The $2000 would be opportunity cost if opting for shares is more appropriate for the employee

Find out more about opportunity cost on:https://brainly.in/question/51339149

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