Question: An opportunity cost is . A q , the difference between the total cost of one alternative and the total cost of another alternative B
An opportunity cost is
A
the difference between the total cost of one alternative and the total cost of another alternative
B the benefit foregone when one alternative is selected rather than another
C a cost that is saved by not adopting a given alternative
D a cost that continues to be incurred even when there is no activity
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
