You have a final exam in managerial accounting tomorrow. What is the opportunity cost of watching television

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You have a final exam in managerial accounting tomorrow. What is the opportunity cost of watching television tonight?

Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
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Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

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