Skip to content
MathsGenie logo
Open app

Course home

  1. A Level
  3. Business Eduqas
  5. Flashcards

Decision-making models

In business decision-making, what is the value of the next best alternative given up called?

A

Marginal cost.

B

Fixed cost.

C

Opportunity cost.

D

Sunk cost.

Decision-making models Flashcards

  1. A Level
  2. /Business
  3. /Decision-making models

Flashcards for Eduqas A Level Business Decision-making models, covering the key terms, formulae and case studies you need to recall for Component 1, Component 2 and Component 3. 24 cards, matched to the Eduqas A Level Business (A510QS) specification.

Flashcards