Multiple Choice
Which of the following is the best example of opportunity cost?
A) a company's expenditures on a training program for its employees
B) the rate of return on a company's investment
C) the amount of money that a company can earn by depositing excess funds in a money market fund
D) the profit that a company forgoes when it decides to drop one product line in favor of another one
Correct Answer:

Verified
Correct Answer:
Verified
Q13: From the standpoint of a soft drink
Q14: Which of the following is the best
Q15: What factors lead to competitive advantage for
Q16: The best definition of economics is<br>A)how choices
Q17: Managerial economics is best defined as the
Q18: Which of the following is the best
Q19: What economic conditions are relevant in managerial
Q20: What other business disciplines are related to
Q22: Select the group that best represents the
Q23: Scarcity is a condition that exists when<br>A)there