An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of

 

An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of

a. offshore cost
b. outsource cost
c. in-source cost
d. opportunity cost

To answer this question, you must understand each answer choice in the multiple-choice above. So you will find the right answer.

A. offshore cost

Wrong. Because offshore cost is a bad choice for an answer.

B. outsource cost

It is Wrong Because outsource cost does not include the correct answer.

C. in-source cost

This is also wrong, in-source cost Not completely the correct answer.

D. opportunity cost

it is True, because opportunity cost is the best and correct answer to the above question. so, choose this answer.

The Answer From An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of

So the correct answer is D i.e. opportunity cost. Hopefully, it can help work on your problem and can add to your insight as well.