Subtracting the costs of one alternative from the costs of the other alternative would be called the ________ cost.
A)sunk
B)imported
C)alternative
D)differential

Question

Quizplus · Accepted Answer

The term used to describe the difference in costs between two alternatives is the differential cost. Therefore, the best choice would be option D. The other options (sunk, imported, and alternative) do not accurately describe the concept of comparing costs between alternatives.

Subtracting the Costs of One Alternative from the Costs of the Other