Economy, asked by umme30, 6 hours ago

Give some suggestions about opportunity cost​

Answers

Answered by sahithi0333
1

Answer:

Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. ... Understanding the potential missed opportunities foregone by choosing one investment over another allows for better decision-making.

Answered by tara76432gmailcom
1

Answer:

opportunity cost is the forgone benefit that would have been derived by an option not chosen. The properly evaluate opportunity costs, The costs and benefits of every option available must be considered and weighed against the others.

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