Question

opportunity cost is an available cost? Give reasons​

Answer 1

Answer:

When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice. ... The notion of opportunity cost plays a crucial part in attempts to ensure that scarce resources are used efficiently.

Answer 2

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✭✮ӇЄƦЄ ƖƧ ƳƠƲƦ ƛƝƧƜЄƦ✮✭

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Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. Understanding the potential missedopportunities foregone by choosing one investment over another allows for better decision-making.

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✭Hòpè Ìt Hèĺp§.. Fòĺĺòw @Kaniskaa16✭

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