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Opportunity costs are
Opportunity cost is a benefit, profit, or value of something that must be given up to acquire or achieve something else.
Expert answered|jeifunk|Points 62207|
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Asked 12/14/2015 8:46:32 AM
Updated 12/14/2015 9:13:24 AM
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This answer has been confirmed as correct and helpful.
Edited by yumdrea [12/14/2015 9:13:22 AM], Confirmed by yumdrea [12/14/2015 9:13:24 AM]
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Opportunity costs are
Weegy: In microeconomic theory, the opportunity cost of a choice is the value of the best alternative foregone, where a choice needs to be made between several mutually exclusive alternatives given limited resources. (More)
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Updated 12/14/2015 9:22:08 AM
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