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wrote...
Posts: 160
2 months ago
Which of the following is NOT a correct description of opportunity cost of capital?

• It is normally included in accounting costs.

• It is an implicit cost.

• It is the income sacrificed by not investing in another firm.

• It is the normal rate of return on investment.
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Economics Today: The Micro View
Edition: 19th
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wrote...
2 months ago
It is normally included in accounting costs.
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