Register

Why do you have to include the opportunity cost of your time when you calculate your profits in your own business

Why do you have to include the opportunity cost of your time when you calculate your profits in your own business
asked 232k views
2 votes
Why do you have to include the opportunity cost of your time when you calculate your profits in your own business

asked
User Vernonk
by
8.4k points

1 Answer

6 votes
Because opportunity cost is the value of something else you might have done with that time or money that you expended there.
hope this helps!
answered
User Iamtoc
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
Link Copied!