When making an investment, always consider the ________, which is the cost of your next-best investment.

Question

Quizplus · Accepted Answer

When making an investment, always consider the opportunity cost, which is the cost of your next-best investment. This means considering what you could have done with that money instead, and how much return you could have potentially earned. By considering the opportunity cost, you can make a more informed decision and ensure that your investment is the best use of your resources.

When Making an Investment, Always Consider the ________, Which Is