You decide to drive on a long road trip of 1500 kilometers. The opportunity cost of driving:
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Question:
You decide to drive on a long road trip of 1500 kilometers. The opportunity cost of driving:
a) includes the lost wages you could have earned instead of driving. .
b) is zero because the cost of the car is paid.
c) is the amount of money spent on gasoline.
d) None of these statements
Related Book For
Managerial accounting
ISBN: 978-0471467854
1st edition
Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin
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