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Use the following figure to answer the question.
On the diagram of the nitrogen cycle, which number represents nitrite (NO₂) ?
Highest Valued Alternative
The next best choice or option that must be forgone to pursue a certain action or investment, often considered in opportunity cost calculations.
Opportunity Cost
The worth of the best option not chosen due to a decision being made.
Concert Costs
Expenses associated with organizing, promoting, and hosting a live music performance.
Resell
The act of selling a purchased good or service to another party, often for a price higher than the original purchase price.
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