Economics project for class 12 on opportunity cost
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Opportunity cost is the cost of a predestined option. On the off chance that you picked one option over another, at that point the cost of picking that option is an opportunity cost.
The term opportunity cost is frequently utilized as a part of finance and economic matters when endeavoring to pick one investment, either money related or capital, over another. It is a measure of a monetary decision when contrasted with the following best one.
Opportunity costs are a factor in choices made by customers as well as in different choices too, for example, production, time administration, and capital allocation.
When alluding to opportunity costs, speculators frequently consider it to be the advantages you would have gotten by making an option monetary move.
The greatest opportunity cost with regards to liquidity needs to do with the shot that you may leave behind a "hot" speculation since you can't get your hands on your cash that is tied up in another venture.
Opportunity cost is the cost of a predestined option. On the off chance that you picked one option over another, at that point the cost of picking that option is an opportunity cost.
The term opportunity cost is frequently utilized as a part of finance and economic matters when endeavoring to pick one investment, either money related or capital, over another. It is a measure of a monetary decision when contrasted with the following best one.
Opportunity costs are a factor in choices made by customers as well as in different choices too, for example, production, time administration, and capital allocation.
When alluding to opportunity costs, speculators frequently consider it to be the advantages you would have gotten by making an option monetary move.
The greatest opportunity cost with regards to liquidity needs to do with the shot that you may leave behind a "hot" speculation since you can't get your hands on your cash that is tied up in another venture.
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