![The cost of one thing in terms of the alternative given up is called](https://www.gkseries.com/blog/wp-content/uploads/2022/09/The-cost-of-one-thing-in-terms-of-the-alternative-given-up-is-called.png)
Q. The cost of one thing in terms of the alternative given up is called:
- Real cost
- Production cost
- Physical cost
- opportunity cost
Answer: opportunity cost
Answer: opportunity cost
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