Economy, asked by adityarajadityaraj22, 9 months ago

write short notes on the opportunity cost​

Answers

Answered by missNAV143957
2

Answer:

here is ur answer

Explanation:

opportunity cost. A benefit, profit, or value of something that must be given up to acquire or achieve something else. Since every resource (land, money, time, etc.) can be put to alternative uses, every action, choice, or decision has an associated opportunity cost.

Answered by sakshi7868
1

Answer:

Opportunity cost is the value of the next best thing you give up whenever you make a decision .

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