Which of the Following Best Describes Opportunity Cost

It is not a relevant cost in decision making but is part of the traditional accounting records. Which of the following best describes an opportunity cost.

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A Opportunity cost is the best choice in a decision.

. Instead most choices involve ___________ which includes comparing the benefits and costs of choosing a little more or a little less of a. The distribution of all products to be sold. C Opportunity cost is the best alternative decision.

D Opportunity cost is all the alternatives not chosen in a decision. The dollar value of tuition books room and board and all associated explicit expenses. It is the amount of one product that must be given up in order to produce an additional unit of another product.

Which of the following best describes an opportunity cost. The dollar value of tuition. Read the discussion on page 10 and learn more.

Trade-offs occur when there are no opportunity cost. She also is not attracted sexually to John Eames and will not take advantage of his love to conform to a world whose values Crosbie was following. The screen layout is akin to the fenestration details of the building.

Which of the following best describes the opportunity cost of an action. Trade-offs lower the opportunity costs of an economic decision C. Which of the following statements best describes opportunity costs.

A new cost estimate of 5300000 Australian. C Opportunity cost is the best alternative decision. B The value of the alternative not selected.

The opportunity cost can be calculated by using the formula. Opportunity cost is the future income or cost that. O The opportunity cost of a decision is the value of the best forgone alternative.

Opportunity cost is the value of the best alternative not chosen as it represents the benefit of the next best alternative to the activity chosen. Most real world choices arent about getting all of one thing or another. CO Return on the option chosen.

Which of the following best describes the opportunity cost of an action. Opportunity costs are the opposite of trade-offs D. It is a subjective valuation that can be determined only by the individual who chooses the action.

Costs that were incurred in the past and cannot be changed. Each iteration offered another opportunity to hone the material tighter and. Multiple Choice the expected rate of return on a government security having the same maturity as the project.

It is the cost of the input mix that will lead to the greatest rate of growth for a given company C. Which of the following best describes the relationship between trade-offs and opportunity costs. B Opportunity cost is the value in dollars of a trade-off.

о The opportunity cost of attending college is the same for all. Benefits foregone by not choosing an alternative course of action. Which of the following best describes opportunity cost.

If Ameen decides to go straight to work with his father his opportunity cost would be the salary that he earns while working there. O Some economic decisions have zero opportunity cost. It is a relevant cost in decision making and is part of the traditional accounting.

The distribution of all products to be sold. Expected future costs that differs among alternatives. Which of the following best describes an opportunity cost.

The expected rate of return on a typical bond portfolio. A The value of the alternative selected. Benefits foregone by not choosing an alternative course of action.

Benefits foregone by not choosing an alternative course of action. It is the cost of producing those goods most desired by a given economy B. It is a relevant cost in decision making but is not part of the traditional accounting records.

Which of the following best describes what the opportunity cost of capital for a project that has some element of risk would be. Which of the following best describes an opportunity cost. Relevant cost in decision making but it is not part of the traditional accounting.

Correct It is a subjective. The expected rate of return on a security of similar risk. Correct It is a subjective valuation that can be determined only by the individual who chooses the action.

See full answer below. Opportunity cost OC FO CO. Which of the following best defines opportunity cost.

FO Return on alternative forgone. O The opportunity cost of a decision is equal to the explicit cost in monetary terms. The correct answer is b.

Opportunity costs are incurred when trade-offs are made B. Costs that were incurred in the past and cannot be changed. This preview shows page 2 - 3 out of 4 pages.

Which of the following best describes the opportunity. If Ameen decides to go straight to work for his father his opportunity cost would be the learning experiences of college as well as any potential extra earnings that he could make once he earns the college degree. Answered expert verified.

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