cixotgames
Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

The _______ _____of a business decision involves giving up the next best alternative to the choice that is made.

Sagot :

The opportunity cost is the value of the next best alternative foregone. Every decision necessarily means giving up other options, which all have a value. The opportunity cost is the value one could have derived from using the same resources another way, though this is not always easily quantifiable.
rjhoogie

Answer:

The opportunity cost is the correct answer

Explanation:

I just used this answer and it was correct

Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.