Question

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

Answer 1

a. Is an unavoidable cost because it remains the same regardless of the alternative chosen.

Step-by-step explanation:

An opportunity cost is an unavoidable cost because it remains the same regardless of the alternative chosen.