Question

What's opportunity cost meaning in kannada?

Answer 1

ಉತ್ಪಾದನೆಯ ಯಾವುದೇ ಅಂಶದ ಅವಕಾಶದ ವೆಚ್ಚವು ಪರ್ಯಾಯ ಬಳಕೆಗಳಲ್ಲಿ ಪಡೆಯಬಹುದಾದ ಆದಾಯವಾಗಿದೆ.
(The opportunity cost of any factor of production is the earning which could have been obtained in alternative uses.)

Answer 2

Opportunity cost

Explanation:

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.

Opportunity Costs are the benefits that an individual, investor or business misses out on when they choose one alternative over another. Opportunity Cost is the next best alternative foregone.

#Learn more :

https://brainly.in/question/921154