Solved

Which of the Following Is NOT a Correct Description of Opportunity

Question 412

Multiple Choice

Which of the following is NOT a correct description of opportunity cost of capital?


A) It is the normal rate of return on investment.
B) It is normally included in accounting costs.
C) It is the income sacrificed by not investing in another firm.
D) It is an implicit cost.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions