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Which statement is true?
Opportunity Cost
The cost of missing out on the next best alternative when one option is chosen over another.
Italy
A European country known for its rich history, culture, and significant contributions to art, food, and fashion.
Opportunity Cost
represents the value of the next best alternative that is forfeited when a decision is made to pursue a particular course of action.
Portugal
Portugal is a southern European country on the Iberian Peninsula, known for its long history, cultural heritage, and significant contributions to world exploration.
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