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PMOpportunity cost

NNihal1y ago
Is opportunity the full value of the benefit foregone or net benefit foregone? For example Option A - 4,000 profit and Option B - 4,500 profit. Is the opportunity cost of choosing A 4,500 or just 500?
MmrjonbainModerator1y ago#1
In your example it would be 500. It's the Net benefit foregone.
MmrjonbainModerator1y ago#2
Hope this helps.
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