kalebrayelliott2004 kalebrayelliott2004

05-09-2019
Business

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Carefully choosing from a set of alternatives to accomplish an objective is
known as

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imthinaan1617 imthinaan1617

05-09-2019

Answer:

Choice.

Explanation:

When a person is provided with various alternatives, the person must choose from the options that he/she is provided with. The next best alternative forgone in order to enjoy the best from the alternatives is known as OPPORTUNITY COST.

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