Economy, asked by karenlloydgarmadon, 2 months ago

Does opportunity cost exist in a planned economy ?

Answers

Answered by anjalidave1985
0

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Answered by 1034pardeep
1

Answer:

Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. The idea of opportunity costs is a major concept in economics. Because by definition they are unseen, opportunity costs can be easily overlooked if one is not careful.

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