Which of the following is least likely to influence the opportunity cost of an asset?
A) Its current market value.
B) Alternative uses for the asset.
C) The current demand for the asset.
D) Its current book value.

Question

Quizplus · Accepted Answer

The current book value of an asset is simply the original cost minus any accumulated depreciation, and is not directly related to its opportunity cost. Factors that are more likely to influence opportunity cost include the asset's current market value, alternative uses for the asset, and the current demand for the asset.

Which of the Following Is Least Likely to Influence the Opportunity