Question

what is opportunity cost​

Answer 1

Answer:

The loss of other alternatives when one alternative is chosen.....

Answer 2

Hey,

Opportunity costs represent the benefits an individual, investor or business misses out on when choosing one alternative over another. While financial reports do not show opportunity cost, business owners can use it to make educated decisions when they have multiple options before them. Bottlenecks are often a cause of opportunity costs.

~Azzy