To calculate the opportunity cost per unit,you divide the decrease in the quantity of the forgone item by the
A) decrease in the quantity of the other item.
B) increase in the quantity of the other item obtained.
C) price of the item obtained.
D) price of the item forgone.
E) price of the item obtained and then multiply by the price of the item forgone.

Question

Quizplus · Accepted Answer

Opportunity cost per unit is calculated by dividing the decrease in the quantity of the forgone item by the increase in the quantity of the other item obtained. This measures how much of one item you give up to get more of another item.

To Calculate the Opportunity Cost Per Unit,you Divide the Decrease