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James over spent and will need to spend the next six months paying off his credit card bill. This money was supposed to have gone into his investment account, which earns 10 per…

James over spent and will need to spend the next six months paying off his credit card bill. This money was supposed to have gone into his investment account, which earns 10 per…
asked 78.4k views
1 vote
James over spent and will need to spend the next six months paying off his credit card bill. This money was supposed to have gone into his investment account, which earns 10 percent annually. what type of cost is the 10 percent?

A. opportunity cost
B. sunk cost
C. variable cost
D. credit cost

asked
User Javier Hertfelder
by
8.3k points

2 Answers

6 votes

Answer:

sunk cost is the right answer for plato

Step-by-step explanation:

answered
User Riv
by
8.1k points
4 votes
A. Opportunity Cost i think
answered
User Chris Valentine
by
8.1k points
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