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Annette [7]
3 years ago
12

An opportunity cost is the a. monetary price paid for a good or service. b. cost of finding the lowest price for a product. c. l

owest possible cost. d. highest possible cost. e. cost of a purchase or decision as measured by what is given up.
Business
1 answer:
Bess [88]3 years ago
6 0

Answer:

The opportunity cost is e. cost of a purchase or decision as measured by what is given up.

Explanation:

The opportunity cost can be defined as the cost of giving up the benefits associated with the next best alternative that is given up. It is also referred to as the loss of potential gain that is given up when one option is chosen over the other.

For example, If you have a choice of working at a company for salary of $10000 per year or starting your own business that is expected to earn $15000 per year, the opportunity cost of choosing to start your own business is the $10000 per year from the job that is given up.

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Larry Bar opened a frame shop and completed these transactions: Larry started the shop by investing $41,100 cash and equipment v
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Answer:

$44,400

Explanation:

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Answer:

c.the expected future returns must be equal to the required return.

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