A. real cost is the alternative forgone while the money cost is the actual amount paid for buying the item
B. the real cost is the opportunity cost, while the money cost is the marginal cost
C. money cost is the opportunity, cost while the real cost is the actual cost in monetary terms
D. money cost is always greater than the real cost
Correct Answer: Option A
A. real cost is the alternative forgone while the money cost is the actual amount paid for buying the item
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…