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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
Overheads are often related to accounting concepts such as fixed cost and ______ cost.
The cost remains same at all levels of output is called ______ cost.
Which of the following cost is time based?
Which definition best describes indirect costs?
Fixed cost is a cost which remains same at ______.
The term “variable costs” refers to ______.
Fixed cost is a cost which ______.
Variable cost per unit increases when ______.
What do you mean by Semi-Fixed cost?
Give an example of Semi-Fixed cost.
