________ is the cost of a foregone alternative.
A)Opportunity cost
B)Time value of money
C)Inflation
D)An annuity

Question

Quizplus · Accepted Answer

Opportunity cost is the cost of a foregone alternative. It refers to the cost of the next best alternative when making a decision. For example, if you decide to invest in stocks, the opportunity cost would be the return you could have earned if you had invested in bonds or real estate instead.

________ Is the Cost of a Foregone Alternative