Question

Which answer best defines opportunity cost

A. what it cost to take advantage of a great savings opportunity
B the value of the things you have to give up to get something else
C the amount a seller paid to sell you a product D the amount you have to pay to do something the value of the things you have to give up to get something else what it cost to take advantage of a great savings opportunity ​

Answer 1

Answer: C
Explanation: You have to give away something to get something else

Hope this helps!

Answer 2

B. The value of the things you have to give up to get something else.

Step-by-step explanation:

The reason is the definition of Opportunity Cost is The loss of a potential gain from other alternatives when one alternative is chosen. If you put it in a way you can understand better you get B. The value of the things you have to give up to get something else.