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Which of the following is true?
Opportunity Costs
Opportunity costs represent the benefits an individual, investor, or business misses out on when choosing one alternative over another.
Carrying Cost
The total cost of holding inventory, including storage, insurance, taxes, and opportunity costs, over a certain period.
Credit
An arrangement wherein a borrower receives something of value now and agrees to repay the lender at a later date, usually with interest.
Graphically
Refers to representing data or models visually using graphs or charts.
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