312-76V3: EC-Council Disaster Recovery Professional (EDRP)

By ECCouncil · Question Mode

QuestionQ119

VerifiedRisk Assessment

Which term describes the potential benefit of the best alternative forgone when a decision must be made among several mutually exclusive alternatives?

Explanation

Opportunity cost is the potential gain or value sacrificed by not choosing the next-best alternative when mutually exclusive choices are available.

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