Register
why do economists measure the cost or money price of things when opportunity cost is what we actually are considering when we deciding whether or not to purchase?
203k views
0 votes
why do economists measure the cost or money price of things when opportunity cost is what we actually are considering when we deciding whether or not to purchase?

User Ahamed Mujeeb
by
8.7k points

1 Answer

3 votes
it is easier for economists to measure "cost" than "opportunity cost"(because people's tastes are different and changeable)
User Lesa
by
8.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was the boy who  became king at the age of 9?
Why did people immigrate to the United States in the late 1800s?
Why did the slogan Peace Land and Bread appeal to the Russian people?
Why wasn't New England's land well-suited for farming
Which city was located nearest the nile river delta
Link Copied!