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प्रश्न
What is opportunity cost?
What do you understand by opportunity cost?
What is meant by opportunity cost?
अति संक्षिप्त उत्तर
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उत्तर
Opportunity cost, or alternative cost, is the benefit of the second-best use of a firm’s resources that is foregone to reap the return from the best use of those resources.
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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.
Total variable cost per unit increases ______.
Give an example of opportunity cost.
Fixed cost per unit decreases when ______.
Amount spent to purchase a machinery is the example of ______ cost.
"Some costs are semi-variable in nature." Comment.
What do you mean by Semi-Fixed cost?
Give an example of Semi-Fixed cost.
Explain with an example the meaning of fixed costs.
Explain with an example the meaning of variable costs.
