Ask Question
16 July, 15:01

Opportunity cost is most related to which concept

+2
Answers (1)
  1. 16 July, 15:43
    0
    "In simple terms, opportunity cost is the benefit not received as a result of not selecting the next best option. Opportunity cost is a key concept in economics, and has been described as expressing "the basic relationship between scarcity and choice".
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Opportunity cost is most related to which concept ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers