Vidyalelo
Commerce · Q1167

Economics

Graduate and Post Graduate · Commerce · question 1167

Q1167

The term opportunity cost refers to

A.
Cost related to an optimum level of production
B.
Variable cost
C.
Short-run cost
D.
Cost of one product in term of production of others forgone
Answer

Answer: Option D

Solution

Answer: Option D
No explanation is given for this question Let's Discuss on Board