ZywrYQ4OrsbdBs6sLiglanQuzy6LkZG5BIV 7xlt-Dw/vie... 1. All of the following are true about opportunity cost except?*
Opportunity cost is how much of a product is given up when you choses to produce
and alternative product
Opportunity costs are all the alternatives you give up when you make a choice
Opportunity cost is the most desirable alternative you give up when you make a
choice
A decision making grid can help you decide if you are willing to accept the opportunity
cost of a choice