Answers
>
Economics
>
GCSE
>
Article
What is opportunity cost
Highest valued option forgone.
ML
Answered by
Max L.
•
Economics tutor
2236 Views
See similar Economics GCSE tutors
Related Economics GCSE answers
All answers ▸
Why do price of exchange rates increase when interest rates increase? What does it mean that a currency is strong?
What is are economies of scale?
Explain the term Economies of Scale. You may use a diagram to help.
Define Price Elasticity of Demand (PED) and explain what inelastic PED means for a good.