importance of opportinuty cost to firm
Answers
Answered by
0
ᴀɴᴀʟʏᴢɪɴɢ ᴛʜᴇ ᴏᴘᴘᴏʀᴛᴜɴɪᴛʏ ᴄᴏsᴛ ғᴏʀᴍs ᴀɴ ᴇssᴇɴᴛɪᴀʟ ᴘᴀʀᴛ ᴏғ ᴀ ʙᴜsɪɴᴇss ғɪʀᴍ's ᴅᴇᴄɪsɪᴏɴ ᴍᴀᴋɪɴɢ ᴘʀᴏᴄᴇssᴇs . ʙᴇsɪᴅᴇs, ɪᴛ ɪs ᴀɴ ɪᴍᴘᴇʀᴀᴛɪᴠᴇ ᴇᴄᴏɴᴏᴍɪᴄ ᴄᴏɴᴄᴇᴘᴛ ᴡʜɪᴄʜ ғɪɴᴅs ᴀᴘᴘʟɪᴄᴀᴛɪᴏɴ ɪɴ ᴡɪᴅᴇ ʀᴀɴɢɪɴɢ ʙᴜsɪɴᴇss ᴅᴇᴄɪsɪᴏɴs...... ᴛʜᴇ ᴏᴘᴘᴏʀᴛᴜɴɪᴛʏ ᴄᴏsᴛ ᴍɪɢʜᴛ ғᴇᴀᴛᴜʀᴇ sɪɢɴɪғɪᴄᴀɴᴛ ᴠᴀʟᴜᴇ ᴀʟᴛʜᴏᴜɢʜ ɪᴛ ᴅᴏᴇsɴ'ᴛ ʜᴀᴠᴇ ᴀ sᴘᴇᴄɪғɪᴄ ᴍᴏɴᴇᴛᴀʀʏ ᴠᴀʟᴜᴇ .
Similar questions
Science,
5 months ago
Geography,
5 months ago
Math,
5 months ago
World Languages,
11 months ago
Accountancy,
11 months ago
Math,
1 year ago