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If an opportunity cost value is used for an unused cell to test optimality, it should be.
- AEqual to zero
- BMost negative number
- CMost positive number
- DAny value
Correct answer: B
Discussion 1
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CCommunity
Most negative number
If an opportunity cost value is used for an unused cell to test optimality, it should be most negative number. Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another.
If an opportunity cost value is used for an unused cell to test optimality, it should be most negative number. Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another.