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Give an example of opportunity cost. - Commercial Applications

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प्रश्न

Give an example of opportunity cost.

Explain opportunity cost with the help of an example.

संक्षेप में उत्तर

उत्तर

A firm can buy either a laptop or a motorcycle for ₹ 40,000. The firm buys a laptop. The earning or benefit that the motorcycle could provide is the opportunity cost of buying the laptop.

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Classification of Costs
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Fundamental Concepts of Cost - QUESTION BANK [पृष्ठ १३६]

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गोयल ब्रदर्स प्रकाशन Commercial Studies [English] Class 10 ICSE
अध्याय 8 Fundamental Concepts of Cost
QUESTION BANK | Q 11. ii. | पृष्ठ १३६
गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 8 Fundamental Concepts of Cost
EXERCISES | Q 7. ii. | पृष्ठ १३९
गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 8 Fundamental Concepts of Cost
QUESTION BANK | Q 10. ii. | पृष्ठ १४१
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