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प्रश्न
Give an example of opportunity cost.
Explain opportunity cost with the help of an example.
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अति संक्षिप्त उत्तर
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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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Classification of Costs
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Cost and Revenue Analysis - TEST YOURSELF QUESTIONS [पृष्ठ १६०]
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संबंधित प्रश्न
Write a short note on direct costs.
Variable cost is a cost that ______.
Total variable cost per unit increases ______.
Which of the following cost is time based?
Direct cost increases when ______.
What is opportunity cost?
Explain the following:
Sunk cost
Distinguish between direct costs and indirect costs.
"Some costs are semi-variable in nature." Comment.
Classify cost according to its nature.
