Respuesta :
If a company is using a resource that could be used for some other purpose, the opportunity cost of that resource is the profit from the best alternative use of the resource.
Opportunity costs represent the potential benefits that an individual, investor, or business misses out on whilst selecting one opportunity over any other. Because possibility charges are unseen with the aid of definition, they can be easily left out.put definitely, opportunity value is what a business owner misses out on when selecting one option over some other. It is a way to quantify the blessings and risks of every option, main to more profitable selection-making usual. The two types of possibility costs are specific possibility cost and implicit opportunity cost. explicit possibility value has a direct monetary cost.
In economics, possibility costs talk to the value of the next-quality opportunity use of that useful resource given restrained assets. they're relevant beyond finance and accounting. In daily lifestyles, possibility costs are the benefits or pleasures foregone by means of choosing one alternative over another.
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