Economics A Level: What are some Problems with using Opportunity Cost?

Question

What are some Problems with using Opportunity Cost?

go kys · Accepted Answer

-Not all Alternatives is Known
-Sometimes, there are no Alternative Ways or Usages
-Lack of Information on Cost and Alternatives
-Some Factors can be hard to Switch to Alternative Use

Economics A Level

What are some Problems with using Opportunity Cost?

-Not all Alternatives is Known -Sometimes, there are no Alternative Ways or Usages -Lack of Information on Cost and Alternatives -Some Factors can be hard to Switch to Alternative Use

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