An opportunity cost is
Fixed expense
Variable expense
Direct expense
Indirect expense
Answers
Answered by
3
Answer:
The most common examples of fixed costs include lease and rent payments, utilities, insurance, certain salaries, and interest payments
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4
Answer:
Opportunity cost is an indirect expense.
Explanation:
For example : If a factor of production is used in the production of one commodity so the next best alternative is left out. The cost of unborn or un-produced commodity is the opportunity cost of produced commodity.
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