Which of the following is the best example of opportunity cost?
A. a company's expenditures on a training program for its employees
B. the rate of return on a company's investment
C. the amount of money that a company can earn by depositing excess funds in a money market fund
D. the profit that a company forgoes when it decides to drop one product line in favor of another one
Answer:D
Which of the following is the best example of opportunity cost?
A. a company's expenditures on a training program for its employees B. the rate of return on a company's investment C. the amount of money that a company can earn by depositing excess funds in a money market fund D. the profit that a company forgoes when it decides to drop one product line in favor of another one