I need the answer as soon as possible 20the opportunity cost of any action is *all the possible alternatives given upthe highest-valued alternative given upthe dollars the action costthe benefit from the action minus the cost of the action

If there are two or more options available and one has to choose any one of them, then the…

20 the opportunity cost of any action is * O all the possible alternatives given up O the highest-valued alternative given up O the dollars the action cost O the benefit from the action minus the cost of the action

20 the opportunity cost of any action is * O all the possible alternatives given up O the highest-valued alternative given up O the dollars the action cost O the benefit from the action minus the cost of the action

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter2: Economics: Eight Powerful Ideas

Section: Chapter Questions

Problem 9P

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20
the opportunity cost of any action is *
all the possible alternatives given up
the highest-valued alternative given up
the dollars the action cost
the benefit from the action minus the cost of the action

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