Tag Archives: cost-plus pricing


Economics Questions and Answers – Part10

181. What is opportunity cost? Opportunity cost is also known as transfer cost, displacement cost and alternative cost. When the cost is measured by the value of the most valuable alternative commodities that could have been produced by those resources, it is called opportunity cost. 182. What is fixed cost or supplementary cost? It means

Subscribe Now!
Sign-up for our email newsletter and get free job alerts, current affairs and GK updates regularly.

Subscribe Here

Popup Dialog Box Powered By : XYZScripts.com
  • RSS
  • Facebook
  • Google+
  • Twitter