Economy, asked by ayush8156, 11 months ago

what is meant by opportunity cost ???​

Answers

Answered by Avni2348
9

opportunity cost is the total sacrifice made by quilling and opportunity ( aur producing a given level of output )

Answered by sri288
1

Explanation:

loss of other alternatives when one alternative is chosen.

"idle cash balances represent an opportunity cost in terms of lost interest

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