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Opportunity cost means:

Opportunity cost means:

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Actual money payment
B Government taxation amount
C Best alternative forgone
D Variable production expense

Correct Answer: Option C

Explanation:
Opportunity cost measures the value of the next best alternative sacrificed when a choice is made.

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