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Paul promises Marty $1,500 if he will completely landscape Paul's yard.Which of the following would discharge Paul's obligations to pay under this contract?
Opportunity Cost
The cost of choosing one option over another, representing the value of the foregone alternative that wasn't chosen.
Variable Cost
Costs that vary directly with the level of production or service delivery, such as materials and labor costs.
Tapioca Pudding
A sweet dessert made from tapioca pearls, milk or cream, sugar, and often flavored with vanilla, coconut, or other ingredients.
Opportunity Cost
is the value of the best alternative that is forgone in making any choice or decision, representing the benefits an individual, investor, or business misses out on when choosing one alternative over another.
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