In deciding how to spend an hour of his time, John has identified four activities he can choose from. The opportunity cost of choosing activity A is defined as the benefit he would have received from all of the other activities. True or False?
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Home » Business » In deciding how to spend an hour of his time, John has identified four activities he can choose from. The opportunity cost of choosing activity A is defined as the benefit he would have received from all of the other activities. True or False?