Answer :

The opportunity cost of growth is b. a reduction in current consumption.

In the field of business, an opportunity cost can be described as a factor or advantage that one has to leave in order to accomplish another factor or goal in that time.

An opportunity cost of growth is the next best alternative to the one that has already been chosen. An opportunity cost of growth causes a reduction in the consumption rates that are occurring at a particular time. The reduction of current consumption is chosen as an opportunity cost over other alternatives that can take place at that time.

To learn more about opportunity cost, click here:

https://brainly.com/question/1549591

#SPJ4