Opportunity cost is specifically mentioned in _____.
A)a differential cost analysis
B)an opportunity cost analysis
C)a differential and opportunity cost analysis
D)neither differential cost analysis nor opportunity cost analysis

Question

Quizplus · Accepted Answer

Opportunity cost is specifically mentioned in an opportunity cost analysis, as it is the cost of foregoing the next best alternative. While differential cost analysis may involve comparing the costs and benefits of different options, it does not necessarily consider the opportunity cost of choosing one option over another.

Opportunity Cost Is Specifically Mentioned in _____