Which of these is the real cost of satisfying any want in the sense of...

Economics

JAMB 1986

Which of these is the real cost of satisfying any want in the sense of the alternative that has to be foregone?

A. Variable cost
B. opportunity cost
C. Total cost
D. Prime cost

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Correct Answer: Option B

Explanation

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Which of these is the real cost of satisfying any want in the sense of...

Correct Answer: Option B

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