Which one of the following is least likely to influence the opportunity cost of an asset?
A) Its current market value
B) Alternative uses for the asset
C) The current demand for the asset
D) Its current book value

Question

Quizplus · Accepted Answer

The current book value of an asset is based on its historical cost and accumulated amortization or depreciation, which do not directly affect its opportunity cost. The opportunity cost is determined by comparing the returns of the asset to the returns of other available investments or alternatives, which are influenced by factors such as its current market value, alternative uses, and demand.

Which One of the Following Is Least Likely to Influence