An Opportunity Cost Is the Cost of Not Doing Something

question 38

True/False

An opportunity cost is the cost of not doing something.

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Definitions:

Trade Discount

A reduction in the list price granted by a seller to a buyer, often based on the quantity purchased or a trade relationship.

Trade Discount

A reduction in the listed price of goods or services offered to traders in the business-to-business market.

Trade Discount

A reduction from the list price of goods or services provided by a vendor to buyers in the trade.

Trade Discount

A reduction in the retail or list price of a product or service provided by a seller to a buyer in the trade channel.