Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. opportunity cost is best defined as: select one: a

Opportunity cost is best defined as: Select one: a. The highest valued benefit given up...

50.1K

Verified Solution

Question

Accounting

Opportunity cost is best defined as:

Select one:

a. The highest valued benefit given up in making a choice

b. A sunk cost

c. All of the benefits that are given up in making a choice

d. The amount of money that is paid for something

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!
Become a Member

Other questions asked by students

Q

"Consider two mutually exclusive projects that will be conducted for a total of 6 years. Project...

Finance
Q

You just won the $55 million Ultimate Lotto jackpot. Your winnings will be paid as $2,200,000 per...

Accounting
Q

Discuss the need for alternative techniques of data analysis between structured and unstructured data

Statistics
Q

1) A loan of RM10,000 at 12% compounded monthly is to be amortized by 36 monthly...

Advance Math
Q

A network of four capacitors of capacity equal to C C C 2C C 3C...

Physics
Q

10 Your 6 and 2 3 year investment of 1 450 at 5 4 compounded...

Basic Math
Q

Is the following statement true Explain why or why not Provide an example to support...

Basic Math
Q

10 pts In September 2007 only 48 of working class households said their incomes were...

Statistics
Q

29. What part of the marketing mix includes communicating information about products and is the...

Accounting
Q

Scroll down to complete all parts of this task. In Year 1, Virginia Day purchased...

Accounting
Q

Edge Company produces two models of its product with the same machine. The machine has...

Accounting
Q

A portfolio management organization analyzes 78 stocks and constructs a mean-variance efficient portfolio using only...

Accounting