An opportunity cost: Multiple Choice Requires a current outlay of cash. Is an unavoidable cost because it remains the same regardless of the alternative chosen. Is the potential benefit lost by choosing a specific alternative course of action among two or more. Is irrelevant in decision making because it occurred in the past. Results from past managerial decisions.
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An opportunity cost: Multiple Choice Requires a current outlay of cash. Is an unavoidable cost becau...
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