Home › Bihar Board Class 12 (Arts) › Economics › Producer Behaviour and Supply › Opportunity cost of an activity is the gain forg…
Opportunity cost of an activity is the gain forgone from what?
AThe best possible activity
BThe second best activity
CThe worst activity
DThe most recent activity
Answer & Solution
Correct answer: B. The second best activity
Opportunity cost is measured by the benefit lost from the next best alternative.
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