Recall Application 1, "Don't Forget the Costs of Time and Invested

question 8

Multiple Choice

Recall Application 1, "Don't Forget the Costs of Time and Invested Funds," to answer the following questions.
-According to the application, if the interest rate rises, then the opportunity costs of running a business:

• A) is unchanged.
• B) falls.
• C) rises.
• D) cannot be determined with the information given.

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