Question

uws. || Explain oppautunity cost with examples and its types
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Answer 1

Answer:

please write the question properly not understoodable

Explanation:

Answer 2

Answer:

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.