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Introduction of Micro-Economics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsIntroduction of Micro-Economics1 Mark
Question
‘Opportunity cost is not an actual cost'. Do you agree?
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Answer

Yes, I agree that opportunity cost is not an actual cost. In fact, it is the cost of next best alternative available but not actually opted for in the decision-making process.

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