The opportunity cost of a decision is measured in terms of
1. the price of the alternative we choose.
2. sunk cost.
3. time.
4. the next best thing given up. the price of a new opportunity that arises.
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Home » Business » The opportunity cost of a decision is measured in terms of 1. the price of the alternative we choose. 2. sunk cost. 3. time. 4. the next best thing given up. the price of a new opportunity that arises.