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 table below shows the combinations of beans and…Musa has a choice of buying a shirt; a book and a…In the theory of production and cost, the average…Opportunity cost helps the government to?Choice involves opportunity cost because?