Solved

Which of the Following Best Describes the Term Opportunity Cost

Question 147

Multiple Choice

Which of the following best describes the term opportunity cost?


A) The cost incurred to qualify for an investment opportunity
B) The benefit that is given up when choosing one out of a series of options
C) The benefits of an investment which has come available suddenly
D) The opportunity to invest in certain cash flows and returns

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents