Opportunity cost is the: a. benefit that would have been available from the next best use of
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Question:
Opportunity cost is the:
a. | benefit that would have been available from the next best use of money. | |
b. | unemployment rate. | |
c. | rate on standard savings accounts. | |
d. | prime rate for large firms. |
Related Book For
Principles of Cost Accounting
ISBN: 978-1305087408
17th edition
Authors: Edward J. Vanderbeck, Maria Mitchell
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