The potential benefits a person or business gives up when making an
economic decision is called the
O A. profit margin
B. capital investment
C. opportunity cost
O D. production possibility

Respuesta :

The potential benefits a person or business supplies when getting an

economic decision is called the opportunity cost.

What is an opportunity benefit in economics?

Opportunity cost is the decision that one takes in order to get something. The benefit is the decision that a person gives in personal or professional life.

If the outcome of the decision is in favor than the opportunity cost is in benefit and if the decision has consequences than the opportunity cost is in loss.

Thus, option C is correct.

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