Question

define opportunity cost ?​

Answer 1

Answer:

In microeconomic theory, opportunity cost, is what we get in return of an action To elaborate, opportunity cost is the loss or the benefit that could have been enjoyed if the alternative choice was chosen.

Answer 2

Answer:

In microeconomic theory, opportunity cost, is what we get in return of an action To elaborate, opportunity cost is the loss or the benefit that could have been enjoyed if the alternative choice was chosen.