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:The concept of opportunity cost is important to the…The opportunity cost of the use of productive…Economist speaks about "opportunity cost" when a consumer?Abubakar has the choice of buying either a house…Choice involves opportunity cost because?