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Opportunity cost refers only to implicit …

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Opportunity cost refers only to implicit cost of production. Do you agree. Give reason to support your answer.
  • 2 answers

Nitasha Yadav 6 years, 7 months ago

yes opportunity cost is implicit cost because it is our next best alternative or forgotten coast you don't pay opportunity cost any other person or outsiders.

Hairit Baisla 6 years, 7 months ago

Yes
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