Register
Which term describes the value of what you give up when you choose between two options? A. Equity B. Value cost C. Down payment D. Opportunity cost
179k views
18 votes
Which term describes the value of what you give up when you choose

between two options?
A. Equity
B. Value cost
C. Down payment
D. Opportunity cost

User Freakish
by
3.1k points

1 Answer

5 votes

Answer:

D.

Step-by-step explanation:

Your answer is D cause “Opportunity cost is the value of the next-best alternative when a decision is made" so it is what was given up therefor The term that describes the value of what you give up when you choose between two options is D. Opportunity cost. Hope it helps you!

-Hope you have a great day ahead

User Atiyah
by
3.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.5m questions

4.4m answers

Other Questions

Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
The method of appraisal in which the appraiser estimates the replacement cost of the building, deducts depreciation, and adds the value of the site is:________
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
At first Rohan thought it was a good idea to offer a car repair pick-up service at his auto repair shop, but then he realized that most customers called Tow-It-Now Inc. and it would be difficult to match
Link Copied!