Economy, asked by bhumiasnani02, 5 months ago

Opportunity cost is also known as __________ cost.​

Answers

Answered by somya2563
59

Answer:

Displacement

Explanation:

Opportunity cost is also known as _displacement cost.

In microeconomic theory, opportunity cost, or alternative cost, is the loss of potential gain from other alternatives when one particular alternative is chosen over the others.

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