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 Correct Answer opportunity cost

An investment of money in idle inventory, in place of investing same amount of money somewhere else is an example of opportunity cost. Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another.

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Profit forgone by capital investment in inventory rather than investment of capital to somewhere else is classified as