Economy, asked by akarshchauhanxib5522, 7 months ago

Discuss the concept of opportunity cost with an example in approx 50 or 69 words​

Answers

Answered by piyushagrahari53
6

Answer:

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Explanation:

opportunity cost is the profit lost when one alternative is selected or another The concept is useful simply as a reminder to examine all reasonable alternative before making a decision for example you have dollar 100000000 and choose to invest it in a product line that will generate a return of 5%

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