Question: An opportunity cost is: A) a cost that cannot be traced to a specific cost object B) an actual outlay of cash. C) the foregone
An opportunity cost is:
A) a cost that cannot be traced to a specific cost object
B) an actual outlay of cash.
C) the foregone benefit of the path not taken.
D) the initial investment required to pursue an opportunity.
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Solutions Option c is the correct answer An opportunity cost ... View full answer

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