The opportunity cost of producing a good relates to the accounting costs in which of the following ways:
A. The opportunity cost of producing a good is usually less than the accounting cost of producing the same good.
B. The opportunity cost of producing a good is usually equal to the accounting cost of producing the same good.
C. The opportunity cost of producing a good is usually greater than the accounting cost of producing the same good.
D. The opportunity cost of producing a good is not related to the accounting cost of producing the same good in any of the above ways.
Answer:C
The opportunity cost of producing a good relates to the accounting costs in which of the following ways:
A. The opportunity cost of producing a good is usually less than the accounting cost of producing the same good. B. The opportunity cost of producing a good is usually equal to the accounting cost of producing the same good. C. The opportunity cost of producing a good is usually greater than the accounting cost of producing the same good. D. The opportunity cost of producing a good is not related to the accounting cost of producing the same good in any of the above ways.