How opportunity cost is a either or Matt Harmon Liberty University How opportunity cost is a either or Opportunity cost is the highest valued alternative that must be sacrificed as a result of choosing an option. (Gwartney/Stroup/Sobel/Macpherson, 2014) Opportunity cost happens in every decision making intense in life. Every choice has a cause and effect. You cannot have everything you would like because many things are scarce, such as goods (food, education, time, things man-made.) (Gwartney/Stroup/Sobel/Macpherson…
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