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Examples of opportunity cost?

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Examples of opportunity cost?

Posted by Harsh Dada Kashyap 5 years ago

CBSE > Class 11 > Economics

4 answers

Harshita Dhariwal 5 years ago

Opportunity cost is the cost of next best alternative... For eg- If a person working for 50000per month got two job offers ... one for the 40000 per month and other 37000 per month.... Soo his opportunity cost will be 40000 per month....

Deepanshu Jha 5 years ago

Opportunity cost is the next best of alternative forgone

Shalini Yadav 5 years ago

Example for purchasing the new scooty we sacrify the new cloth for party.

Shalini Yadav 5 years ago

For selection of an opportunity the sacrify the next best goods alternative use is opportunity .

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