MULTIDISCIPLINRY NATURE OF THE ENVIRONMENTAL STUDIES.pptx
An opportunity cost- a- Is an unavoidable cost- b- Requires a cur.docx
1. An opportunity cost:
a. Is an unavoidable cost.
b. Requires a current outlay of cash.
c. Results from past managerial decisions.
d. Is the lost benefit of choosing an alternative course of action.
e. Is irrelevant in decision making.
Solution
Is the lost benefit of choosing an alternative course of action.