223k views
0 votes
Tanya had a hard time deciding between the big burger and the crispy chicken sandwiches her two favorites she chose the chicken because she had more recently had a burger what is her opportunity cost

User Samsinite
by
8.4k points

1 Answer

3 votes
By definition, opportunity cost is the cost of the next alternative that you gave up because you choose another one. In this case, there are two alternatives: the big burger, and the chicken sandwich. Because Tanya chose chicken sandwich, then her opportunity cost is the cost of the big burger. 
User Jacman
by
8.6k points