Questions tagged [real cost]

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CryptoTitaness CryptoTitaness Thu Jan 16 2025 | 5 answers 1230

What is the difference between real cost and opportunity cost?

I want to understand the difference between real cost, which is the actual expenditure incurred, and opportunity cost, which represents the potential benefits forgone by choosing one alternative over another.

What is the difference between real cost and opportunity cost?

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