Economy, asked by anuradhatiwari771, 7 months ago

what is opportunity cost​

Answers

Answered by manish123097
23

the loss of other alternatives when one alternative is chosen.

Answered by dheerajy30530
17

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Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. The idea of opportunity costs is a major concept in economics.

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