mohammedbafiti400 mohammedbafiti400
  • 01-11-2021
  • Business
contestada

concept of opportunity cost to economy

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jaive
jaive jaive
  • 01-11-2021
it’s the value of the next best alternative when a decision is made, so not the first desired choice, but the second one
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20400042110004
20400042110004 20400042110004
  • 01-11-2021

Answer:

In microeconomics theory, the opportunity cost of particular activity option is the less of value or benefit that would be incurred by engaging in that activity

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