Question
The return forgone for the undertaking an investment is
known as?Solution
A person has an opportunity to earn 10% return from the various alternative investments available for her to choose from. If he decides to invest in another project, he loses on an opportunity to earn 10% rate of return from the existing investment. Therefore, the return forgone for the undertaking an investment is known as opportunity cost of capital.
What device is used to measure electric current? Â
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