Why do economist take into consideration opportunity cost

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Reference no: EM13798291

Why do economist, as well as some other professionals, take into consideration opportunity cost when making an economic decision? Why don't accountants consider opportunity cost?

Using any example, explain how you can take opportunity cost into consideration when making an economic decision to maximize your utility.

Does not need to be more than 200 words. Just on a discussuion board

Reference no: EM13798291

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