The opportunity cost of a good is:

CA Foundation · Business Economics · MTP · January 2026
The opportunity cost of a good is:
(A) A. The loss of interest in using savings
(B) B. The time lost in finding it
(C) C. The quality of other goods sacrificed to get another unit of that good
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. The quality of other goods sacrificed to get another unit of that good

Topics: Nature & Scope of Business Economics

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