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  3. an opportunity cost: a. is an unavoidable cost.

An opportunity cost: a. Is an unavoidable cost. b. Requires...

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Accounting

An opportunity cost:

a. Is an unavoidable cost.
b. Requires a current outlay of cash.
c. Results from past managerial decisions.
d. Is the lost benefit of choosing an alternative course of action.
e. Is irrelevant in decision making.

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