The opportunity cost of an action is:

A. The value of the forgone alternative action
B. Commensurate with the amount of time the action will take
C. The EA value of that action
D. Not worth considering


Answer: A

Trades & Technology

You might also like to view...

What is the general sizing rule for Category II, III, and IV appliance vents?

What will be an ideal response?

Trades & Technology

How many years of work experience must a technician have before ASE certification can be granted?

What will be an ideal response?

Trades & Technology

The fan and limit switch provides an operational control to energize the fan, and a safety circuit to de-energize the gas valve if the temperature gets too high

Indicate whether the statement is true or false

Trades & Technology

_________________ is easily understood by most construction clients. It lists the events in construction in the order they occur and their duration in bar chart format.