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  • Oppertunity Cost Work Sheet

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    Sheraz Ahmad
    9 views2 pages
    Opportunity cost refers to the cost of an alternative that must be forgone in order to pursue a certain action or project. It represents the value of the next best alternative use or opportunity, which is not chosen, but which could have been chosen instead. When an economic decision is made, the opportunity cost is the value of the best alternative forgone.

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    oppertunity Cost Work Sheet

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    Opportunity cost refers to the cost of an alternative that must be forgone in order to pursue a certain action or project. It represents the value of the next best alternative use or opportunity, which is not chosen, but which could have been chosen instead. When an economic decision is made, the opportunity cost is the value of the best alternative forgone.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views2 pages

    Oppertunity Cost Work Sheet

    Uploaded by

    Sheraz Ahmad
    Opportunity cost refers to the cost of an alternative that must be forgone in order to pursue a certain action or project. It represents the value of the next best alternative use or opportunity, which is not chosen, but which could have been chosen instead. When an economic decision is made, the opportunity cost is the value of the best alternative forgone.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 2

    OPPORTUNITY COST

    M
    O
    D

    C
    B.
    U
    H
    U
    D
    C
    TE
    AR
    M
    .S
    W
    W
    W

    0455-Economics-Paper-1 www.smartexamresources.com 1
    A

    M
    O
    C
    B.
    U
    H
    U
    D
    C
    TE
    AR
    M
    .S
    W
    W
    W

    0455-Economics-Paper-1 www.smartexamresources.com 2

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