Which of the following best describes the concept of opportunity cost?

Economics

JAMB 1987

A. a special bargain or scale at below market price
B. Cost of input tends to go up as we use more of them
C. Goods that are not produced in order to produce more of another good
D. A cost that constantly decreases

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Correct Answer: Option C

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Which of the following best describes the concept of opportunity cost?

Correct Answer: Option C

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