An opportunity cost is: a. the cost to market, distribute, and service a product or...
50.1K
Verified Solution
Link Copied!
Question
Accounting
An opportunity cost is: a. the cost to market, distribute, and service a product or service. b. the benefit given up or sacrificed when one alternative is chosen over another. c. the difference between sales revenue and cost of goods sold. d. the total product cost of goods completed during the current period and transferred to finished goods inventory.
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!