James overspent and will need to spend the next six months paying off his credit card bill. this money was supposed to have gone into his investment account, which earns 10 percent annually. what type of cost is this 10 percent?
a. opportunity cost
b. sunk cost
c. variable cost
d. credit cost
Answers: 1
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James overspent and will need to spend the next six months paying off his credit card bill. this mon...
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