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What is mean by opportunity cost

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What is mean by opportunity cost

    • Posted by Kaviraj Astekar 7 years, 11 months ago

    CBSE > Class 12 > Economics
    • 2 answers

    Rati Pandey 7 years, 11 months ago

    Opportunity cost is cost means second best alternative

    0Thank You

    Mohammed Dawood 7 years, 11 months ago

    Opportunity cost for a commodity is the amount of other commodity that has been foregone in order to produce the first .it is called as opportunity cost.

    0Thank You

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