Business, 20.04.2020 22:41 blazecarley
Shane receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is:.
a) the value to Maurice of the option he would have chosen had Option B not been available.
b) the value to Maurice of Options A, C and D combined.
c) $100.
d) $300.
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Shane receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options d...
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