asked 137k views
2 votes
What is the economic term for what you lose when using resources for something else?

asked
User Zorina
by
7.7k points

1 Answer

3 votes
The economic term for what you lose when using resources for something else is known as opportunity cost.

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.