Opportunity cost means ........

Economic Affairs Others

Opportunity cost means:

cost of providing an opportunity to some one to get employment

cost charged by the government for giving an opportunity to people to use common services like roads bridges etc

cost of providing an opportunity to someone to earn black money

cost in terms of value of the alternatives or other opportunities which have to be foregone in order to achieve a particular thing

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Explanation:

What is an 'Opportunity Cost'
Opportunity cost refers to a benefit that a person could have received, but gave up, to take another course of action. Stated differently, an opportunity cost represents an alternative given up when a decision is made. This cost is, therefore, most relevant for two mutually exclusive events. In investing, it is the difference in return between a chosen investment and one that is necessarily passed up.