BUSN 5200 F2 2022: Which is the most correct answer that defines Opportunity Cost?

Posted: December 23rd, 2022

Which is the most correct answer that defines Opportunity Cost?

The cost of already using an asset or a person already employed who was put on a new project.

The cost of already using an asset by the firm

The cost of already using a person on a new project.

The cost of doing business of the firm

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