The concept of opportunity cost is also referred to as? by Sunday | May 23 | Economics WAEC | 0 comments A. social cost B. real cost C. fixed cost D. variable cost Correct Answer: Option B B. real cost Users Also Read These:Abubakar has the choice of buying either a house…Opportunity cost is an economic concept which describes the?A student has N30.00 with which to buy a ruler…The table below shows the combinations of beans and…The concept of opportunity cost is important to the…