A. the cost incurred in the past before we make a decision about what to do in the future.
B. a cost that cannot be avoided. regardless of what is done in the future
C. that which we forgo, or give up, when we make a choice or a decision.
D. the additional benefit of buying an additional unit of a product
Correct Answer: that which we forgo, or give up, when we make a choice or a decision. ✔
Last Updated: June 18, 2019