Accountancy, asked by ankitapate8796, 6 months ago

measurable value of an alternative use of redources is ?​

Answers

Answered by AbhaySachan
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 nandanipaul123
5

Answer:

this \: is \: your \: answer

Attachments:
Similar questions