The cost of one thing in terms of the alternative given up is known as:
  • a)
    Production cost
  • b)
    Physical cost
  • c)
    Real cost
  • d)
    Opportunity cost
Correct answer is option 'D'. Can you explain this answer?

CA Foundation Question

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This discussion on The cost of one thing in terms of the alternative given up is known as:a)Production costb)Physical costc)Real costd)Opportunity costCorrect answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of The cost of one thing in terms of the alternative given up is known as:a)Production costb)Physical costc)Real costd)Opportunity costCorrect answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like The cost of one thing in terms of the alternative given up is known as:a)Production costb)Physical costc)Real costd)Opportunity costCorrect answer is option 'D'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.

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This discussion on The cost of one thing in terms of the alternative given up is known as:a)Production costb)Physical costc)Real costd)Opportunity costCorrect answer is option 'D'. Can you explain this answer? is done on EduRev Study Group by CA Foundation Students. The Questions and Answers of The cost of one thing in terms of the alternative given up is known as:a)Production costb)Physical costc)Real costd)Opportunity costCorrect answer is option 'D'. Can you explain this answer? are solved by group of students and teacher of CA Foundation, which is also the largest student community of CA Foundation. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CA Foundation on EduRev and even discuss your questions like The cost of one thing in terms of the alternative given up is known as:a)Production costb)Physical costc)Real costd)Opportunity costCorrect answer is option 'D'. Can you explain this answer? over here on EduRev! Apart from being the largest CA Foundation community, EduRev has the largest solved Question bank for CA Foundation.