Explain the difference between a direct cost and an opportunity
Question # 00831490
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Updated on: 09/21/2022 10:46 PM Due on: 09/22/2022
Explain the difference between a direct cost and an opportunity cost. Illustrate the difference of these costs by sharing one (1) out-of-pocket cost and one (1) opportunity cost for two decisions you made today. The decisions you choose to share can be anything, from your decision to drive to work versus riding a bike, or even the decision you made on where to have lunch.
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Solution: Explain the difference between a direct cost and an opportunity