Define opportunity cost and discuss how it impacts a capital budgeting decision.© BrainMass Inc. brainmass.com March 4, 2021, 6:54 pm ad1c9bdddf
Opportubity Cost & Capital Budgeting Define opportunity cost and discuss how it impacts a capital budgeting decision.
OPPORTUNITY COST PRINCIPLE
The opportunity cost or alternative costs are the returns from the second best use of the organization's resources or here in this case the individual's capability.
Its implication on capital ...
The solution discusses the relationship between opportunity cost & capital budgeting.