Question

which cost cannot be measured.?
(a)long run cost
(b) opportunity cost
(c)monetary cost
(d)real cost​

Answer 1

Answer:

which cost cannot be measured.?

(a)long run cost

(b) opportunity cost

(c)monetary cost

(d)real cost

Explanation:

b

Answer 2

(b) opportunity cost cannot be measured.

Definition of opportunity cost;

Opportunity cost- is measured in terms of numbers not in money. This cost is acquired through on's abilities.

Features of opportunity cost;

• Opportunity cost can be when decision making process are implied that affects the future.
• It can only be calculated by numbers while comparing the decisions made in life.
• In opportunity cost we find the best alternatives to increase our opportunity for the living.
• To avoid negative things happening in life we make the use of good opportunities.

Hence, opportunity cost cannot be measured in terms of money and are valuable for the future.

Question-

Which cost cannot be measured in terms of money?

(a) long run cost

(b) opportunity cost

(c) monetary cost

(d) real cost