Which of the following statements about opportunity cost is not true?
A.Opportunity cost may be larger than monetary cost.
B.Opportunity cost includes both explicit and implicit costs.
C.The real or opportunity cost of something is what you must give up to get it.
D.Opportunity cost is synonymous with explicit costs.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements about opportunity cost is not true?
A.Opportunity cost may be larger than monetary cost.
B.Opportunity cost includes both explicit and implicit costs.
C.The real or opportunity cost of something is what you must give up to get it.
D.Opportunity cost is synonymous with explicit costs.

Which of the Following Statements About Opportunity Cost Is Not