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Which of the following would be categorised as an opportunity cost?
a.not being able to spend your $10 000 savings if you sink the money into your business
b.the cost of purchasing supplies for your house-cleaning business
c.the cost of purchasing auto insurance for your dry-cleaning delivery business
Forced
Compelled or coerced action or decision, often against one's will.
Goodwill
An intangible asset that arises when a business is acquired for more than the fair value of its net identifiable assets, reflecting the company's brand, customer base, and other non-physical assets.
Restriction
A rule or condition that limits or controls someone's actions or a particular activity.
Business Elsewhere
The decision by a customer to take their business to a competitor or alternative provider, usually due to dissatisfaction.
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