What is the economist’s interpretation of costs? What does the

What is the economist’s interpretation of costs? What does the following statement mean: “the concept of cost is far richer (pardon the pun) than the dollars and cents you hand over at the cash register.”?
a. Costs are opportunity cost plus sunk costs.
b. Costs are what must be given up to gain something.
c. Costs are the value of the opportunity costs of employees.
d. Costs are direct and overhead.
e. Costs are direct, overhead, and sunk.

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