How does economic cost work i know that economic cost cost
How does economic cost work?
I know that economic cost: cost of resources used to produce a good, this includes opportunity cost. I don't understand how opportunity cost is included in that though, can someone give me an example?
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how does economic cost worki know that economic cost cost of resources used to produce a good this includes opportunity
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an industrial machine was purchased for 500000 and and additional 50000 was required for site prep and installation
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