Question

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what is opportunity cost?​

Answer 1

Answer:

In microeconomic theory, opportunity cost is the loss of the benefit that could have been enjoyed if the best alternative choice was chosen instead. Directly or indirectly, opportunity cost underpins the majority of day-to-day economic decisions that are made in society.

Explanation:

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Answer 2

ANSWER-

A microeconomic theory, opportunity cost is the loss of the benefit that could have been enjoyed if the best alternative choice was chosen instead. Directly or indirectly, opportunity cost underpins the majority of day-to-day economic decisions that are made in society...

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