measurable value of an alternative use of redources is ?
Answers
Answered by
3
Explanation:
When economists refer to the “opportunity cost” of a resource, they mean the value of the next-highest-valued alternative use of that resource. If, for example, you spend time and money going to a movie, you cannot spend that time at home reading a book, and you can't spend the money on something else.
Answered by
5
Answer:
Attachments:
Similar questions