Which of the Following Best Describes Opportunity Cost

62 The opportunity cost of attending college 62 A depends on what you expect to earn with your college degree. C Opportunity cost is the best alternative decision.

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CO Return on the option chosen.

. The money and time you spend on the movie. SO YOU WANT TO BE A. B Opportunity cost is the value in dollars of a trade-off.

The expected rate of return on a typical bond portfolio. C depends on your major. Have the stakeholders periodically review the list of project requirements.

FO Return on alternative forgone. Multiple Choice the expected rate of return on a government security having the same maturity as the project. The amount of money a business has to make a product D.

Hence its the opportunity cost is the best alternative to the given decision. Answered expert verified. The dollar value of tuition books room and board and all associated explicit expenses.

D must be less than the money cost. B depends on what you could earn now. Which of the following best describes the opportunity cost of your decision.

Which of the following best describes what the opportunity cost of capital for a project that has some element of risk would be. It refers to the value of the next best alternative and is taken up during the process of decision making. It is a subjective valuation that can be determined only by the individual who chooses the action.

Benefits foregone by not choosing an alternative course of action. The opportunity costs associated with a firms use of resources that it owns. Learn more about the best describes opportunity cost.

C Opportunity cost is the best alternative decision. The opportunity cost is identified as the benefit that. 2 Points Which phrase best describes an opportunity cost.

This preview shows page 2 - 3 out of 4 pages. A Opportunity cost is the best choice in a decision. C The difference between the alternative selected and the next best alternative.

The phrase opportunity cost is the opportunity lost captures the idea of opportunity cost. B The value of the alternative not selected. Which of the following best describes the relationship between trade-offs and opportunity costs.

Which of the following best describes the opportunity. A The value of the alternative selected. It is a relevant cost in decision making and is part of the traditional accounting.

Correct It is a subjective. Which of the following best describes opportunity cost. When one choice is made over another the next best use of time money andor resources is called aan.

The nap you could have enjoyed or the movie you could have watched the promotion and. The cost of books pens pencils and paper. E must be greater than the money cost.

Trade-offs lower the opportunity costs of an economic decision C. Trade-offs occur when there are no opportunity cost. Thus the option C is correct.

The expected rate of return on a security of similar risk. Which of the following best describes the opportunity cost of a year of college. The correct answer is b.

The money a business makes after paying for its expenses B. D The value of the next best alternative not selected. It is a relevant cost in decision making but is not part of the traditional accounting records.

The opportunity cost can be calculated by using the formula. Which of the following best describes the opportunity cost of an action. See full answer below.

Question 18 Which of the following examples best describes the opportunity cost of attending classes for some people. Which of the following best describes an opportunity cost. The price of a product determined by supply and demand C.

These costs do not involve a direct money payment. Opportunity costs are the opposite of trade-offs D. Opportunity cost is the future income or cost that.

Which of the following best describes the opportunity cost of an action. An opportunity cost does not. Opportunity cost is best described by which of the following statements.

An opportunity cost is the value of the alternative given up. Opportunity cost is used to describe the value that is given up by choosing an alternative option when faced with choices. The correct option is c The difference between the alternative selected and the next best alternative.

Examples include wage income and interest forgone by the owner of a firm who also provides labor services and equity capital to the firm. Which of the following best describes an opportunity cost. D Opportunity cost is all the alternatives not chosen in a decision.

The value of the next best option given up when making a decision. Opportunity costs are incurred when trade-offs are made B. The value of what is lost when picking one choice over another SUBM.

Correct It is a subjective valuation that can be determined only by the individual who chooses the action. Most real world choices arent about getting all of one thing or another. Instead most choices involve ___________ which includes comparing the benefits and costs of choosing a little more or a little less of a.

It is not a relevant cost in decision making but is part of the traditional accounting records. Opportunity cost OC FO CO.

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