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Which of these is the real cost of satisfying any want in the sense of the alternative ...
Classroom
Economics Classroom
Jamb
Jamb 1986
Economics As A Science
Basic Concepts
Opportunity Cost
More Topics
Which of these is the real cost of satisfying any want in the sense of the alternative that has to be foregone?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Variable cost
B
Opportunity cost
C
Total cost
D
Prime cost
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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