Question

What represents the value of the second-best alternative that a person gives up when making a choice? A. marginal spending B. marginal benefit C. opportunity cost D. marginal cost

Answer 1

Answer: opportunity cost

Step-by-step explanation:

on plato

Answer 2

The value of the second-best alternative that a person gives up when making a choice is:

C. opportunity cost

The opportunity cost, also known as the alternative cost, is given up when making a choice.