Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.
Sagot :
Stephanie only has an hour to study for a math exam or complete an economics assignment. For Stephanie, the opportunity cost of spending an hour completing an economics assignment is a higher score on a math exam.
Opportunity cost is a difference of fifteen percentage points. In other words, if investors choose Company A, they are giving up the opportunity to make better profits in the stock market conditions. While some investors want the safest returns, others aim for the highest yields. These investors choose riskier options.
Although this cost is not an accounting concept, so it does not appear in an entity's financial records, it is important in the decision-making process. An indicator of good planning is the proper and detailed management of opportunity costs. Given the importance of calculations such as opportunity cost in a business, then you can take advantage of an accounting system.
You can learn more about Opportunity cost here brainly.com/question/13036997
#SPJ4
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.
