please i just need a multiple choice answer Opportunity cost can best be defined as the a.value of the best alternative foregone when the alternative at hand is chosen. b.cost of the resources used to produce a good or service. c.money cost of a good or service. d.money cost plus interest on money borrowed to buy a good or service.

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Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter8: Tactical Decision-making And Relevant Analysis

Section: Chapter Questions

Problem 36E: Model for Making Tactical Decisions The model for making tactical decisions described in the text...

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please i just need a multiple choice answer

Opportunity cost can best be defined as the

	a.	value of the best alternative foregone when the alternative at hand is chosen.
	b.	cost of the resources used to produce a good or service.
	c.	money cost of a good or service.
	d.	money cost plus interest on money borrowed to buy a good or service.

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