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Write definition of opportunity cost

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Reference no: EM132150238

Question: "According to the definition of opportunity cost, the more alternatives that we have given up in undertaking an action, the higher the opportunity cost." Please make a critical comment on this statement and explain your answers using examples. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132150238

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