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प्रश्न
Give an example of opportunity cost.
Explain opportunity cost with the help of an example.
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उत्तर
A firm can buy either a laptop or a motorcycle for ₹ 40,000. The firm buys a laptop. The earning or benefit that the motorcycle could provide is the opportunity cost of buying the laptop.
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संबंधित प्रश्न
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The cost remains same at all levels of output is called ______ cost.
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Give an example of Semi-Fixed cost.
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Explain with an example, the meaning of variable costs.
Write short notes on Variable Costs.
