The cost of one thing in terms of the alternative given up is called:

Related MCQs

• In the short run, when the output of a firm increases, its average fixed cost:
• Which is not a part of cost?
• Total Cost equals to ______.
• Which one of the following is NOT the objective of fiscal policy of government of India?
• One of the popular forecast is
• Which one is known as plastic money?
• Which one is the characteristics of organization?
• When national income is calculated with reference to a base year, it is called:
• Financial activities done by bank is called _____.