Opportunity cost is related to :
A: A special reduced cost
B: The cost of the same good last year
C: The cost of the nearest substitute
D: Foregone alternatives
A: A special reduced cost
B: The cost of the same good last year
C: The cost of the nearest substitute
D: Foregone alternatives
举一反三
- Fixed Cost，Veriable Cost，Explicit Cost，Implicit Cost，Opportunity Cost，Sunk Cost，Economic Profit，Normal Profit，Average Cost，Margial Cost
- Information is relevant if it is: A: a. an expected future cost or it differs among alternatives B: b. an expected future cost and it differs among alternatives C: c. a historical cost and it differs among alternatives D: d. an expected future cost that differs from a past cost
- An opportunity cost is the cost of a(an) ______opportunity A: false B. C. D. B: missed C: absolute D: comparative
- The value of a business owner's time is an example of_________. A: a fixed cost B: an opportunity cost C: total revenue D: an explicit cost
- A cost is described as staying the same over a certain activity range and then increasing but remaining stable over a revised activity range in the short term. What type of cost is this?? A semi-variable cost|A stepped fixed cost|A variable cost|A fixed cost