Economy, asked by harshfybbi2020, 4 months ago

The opportunity cost of something you decide to get is_____________. *​

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Answered by mpv12pk024
0

Answer:

Opportunity Cost:

Opportunity cost is a widely used concept in economics and is useful when making mutually exclusive choices. For example, whether to have a vacation on most famous beaches or to renovate the kitchen.

The opportunity cost of something you decide to get is the highest valued alternative you give up to get it.

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