If all my savings are invested in my consulting company, an increase in the interest rate increases my implicit costs.

Name: If all my savings are invested in my consulting company, an increase in the interest rate increases my implicit costs.
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Question

Quizplus · Accepted Answer

An increase in interest rates increases the opportunity cost of investing in your consulting company by increasing the potential return on other investments. This higher implicit cost should be considered when making financial decisions for your company.

If All My Savings Are Invested in My Consulting Company