Home » Economics » Opportunity cost is define as theOpportunity cost is define as the Opportunity cost is define as the A. money cost B. cost of production C. real cost D. variable cost E. fixed cost Correct Answer: Option C Explanation Related Posts Under normal circumstances, a producer will bear the entire burden of taxation on his output… The active population of a country determines the size of its The creation of utility can be referred to as The following is NOT a reason for the existence of small firms A disadvantage of Nigeria’s dependence on imported petroleum products is the The total value of goods and services sold and bought in a country across its…
