Which of the following would be categorised as an opportunity cost?
(i) wages of workers
(ii) fixed costs already incurred
(iii) forgone investment opportunities
A)(i) and (iii)
B)(iii) only
C)(ii) and (iii)
D)(i), (ii) and (iii)

Question

Quizplus · Accepted Answer

The Answer of Which of the following would be categorised as an opportunity cost?
(i) wages of workers
(ii) fixed costs already incurred
(iii) forgone investment opportunities
A)(i) and (iii)
B)(iii) only
C)(ii) and (iii)
D)(i), (ii) and (iii)

Which of the Following Would Be Categorised as an Opportunity