Multiple Choice
The term "opportunity cost" points out that
A) there may be such a thing as a free lunch.
B) not all individuals will make the most of life's opportunities because some will fail to achieve their goals.
C) executives do not always recognize opportunities for profit as quickly as they should.
D) any decision regarding the use of a resource involves a costly choice.
Correct Answer:
Verified
Correct Answer:
Verified
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