Economists consider which of the following costs to be irrelevant to a short-run business decision? A) opportunity

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Economists consider which of the following costs to be irrelevant to a short-run business decision?
A) opportunity cost
B) out-of-pocket cost
C) historical cost
D) replacement cost

Related Book For answer-question

Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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Posted Date: Mar 08, 2022 08:25 AM

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Economists consider which of the following costs to be irrelevant to a short-run business decision? A) opportunity

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Expert Answer:

Answer The correct answer is c historical cost Historical costs are irrelevant whi... View the full answer

Financial and Managerial Accounting

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