The _____ is the return a buyer would have earned from a different use of the same investment capital.
A)sunk cost
B)net present value
C)opportunity cost
D)gross revenue
E)net revenue

Question

Quizplus · Accepted Answer

Opportunity cost is the return a buyer would have earned from a different use of the same investment capital. Sunk cost refers to costs that have already been incurred and cannot be recovered. Net present value, gross revenue, and net revenue do not necessarily relate to the concept of opportunity cost.

The _____ Is the Return a Buyer Would Have Earned