A common opportunity cost associated with renting is
A)interest lost on the down payment.
B)interest lost on closing costs.
C)property taxes.
D)maintenance costs.
E)interest lost on the security deposit.

Question

Quizplus · Accepted Answer

Interest lost on the security deposit is a common opportunity cost associated with renting. This is because the security deposit could have been invested elsewhere to earn interest, but instead, it is held by the landlord as security against damage or unpaid rent.

A Common Opportunity Cost Associated with Renting Is