The concept that represents what you give up as a result of making an alternative decision is called:

  • A. Purchase price
  • B. Financing cost
  • C. Opportunity cost
  • D. Liquidity need
Correct Answer: C. Opportunity cost

If you think there is any confusion in the given MCQs, you can comment below.

Follow us on WhatsApp

docmcqs.com is Pakistan's No.1 online platform for preparing for all types of exams including PPSC, FPSC, KPSC, SPSC, Ministry of Defence, and for one-paper MCQs. This includes Pedagogy MCQs, general knowledge MCQs, current affairs MCQs, and much more.

Leave a Comment

Your email address will not be published. Required fields are marked *

Join Our WhatsApp Channel! ×
Scroll to Top