What Would Be a Possible Opportunity Cost of You Going

question 238

Multiple Choice

What would be a possible opportunity cost of you going to a doctor for a check-up?

• A) the cost of getting nontraditional care
• B) the opportunity to make an acquaintance in the waiting room
• C) lost income due to not being at work for those hours
• D) the cost of the insurance reimbursing the doctor

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual, exchange-traded, and closed funds.

Market Risk Premium

The additional yield investors anticipate from maintaining a portfolio with inherent market risk rather than opting for assets free of risk.

Required Rate of Return

The minimum annual percentage return investors expect or demand from an investment, considering the risk involved.

Risk Averse

A description of an investor or investment philosophy that prioritizes the minimization of risk over potential returns.