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Carlos is trying to decide among a hamburger, a hotdog, or a salad. He chooses the hamburger. Any value given up by not choosing the hotdog or the salad is called the __. Trade-off Opportunity cost Marginal
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Carlos is trying to decide among a hamburger, a hotdog, or a salad. He chooses the hamburger. Any value given up by not choosing the hotdog or the salad is called the __.

Trade-off
Opportunity cost
Marginal benefit

User Pato Salazar
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1 Answer

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It is the trade off.
User John Ewart
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