CA Foundation doubt
Can anyone explain Ans C
Asked by Zoyaaa8 Jul 2024584 views
3 answers
lavankumar · 11 Jul 2024
Real cost is also known as opportunity coat as it includes both implicit and explicit cost
Moin · 8 Jul 2024
Social cost
Jais · 8 Jul 2024
Firstly, Real cost is also termed as social cost bcz it is the cost faced by the society during the production process of product. And that cost is expressed in terms of physical, mental, discomfort, sacrifices etc..
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