The opportunity cost is the rate of return on the best rejected project.

Name: The opportunity cost is the rate of return on the best rejected project.
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Question

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Opportunity cost refers to the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. In the context of investment, it is often considered as the rate of return of the next best alternative that is not chosen.

The Opportunity Cost Is the Rate of Return on the Best