Foregone investment opportunities are an example of
A)an explicit cost.
B)an implicit cost.
C)revenues.
D)profits.

Name: Foregone investment opportunities are an example of A)an explicit cost. B)an implicit cost. C)revenues. D)profits.
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Question

Quizplus · Accepted Answer

Foregone investment opportunities refer to the cost of not investing in an alternative opportunity. This is an example of an implicit cost, as it is not a direct monetary expense but represents a potential loss of income or returns.

Foregone Investment Opportunities Are an Example of