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opportunity cost

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opportunity cost

    • Posted by Jitendra Kumar 6 years, 4 months ago

    CBSE > Class 12 > Economics
    • 3 answers

    Muskan Bohra 6 years, 4 months ago

    What u sacrifice to gain something that cost is opportunity cost (4 understanding)

    1Thank You

    Paakhi Ahlt 6 years, 4 months ago

    It is the cost of next best alternative forgone

    1Thank You

    Nisha Deshwal 6 years, 4 months ago

    It means sacrificing of one commodity for the production of other commodity OR u can say shifting of resources from one use to other

    1Thank You

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