Question

ethan receiveda gift card and was considering three options: digitalcamera,cell phoneand video games after carefully thinking about it ethan narrowedhis decision down to the digital camera and the cell phone finally ethan chose the cell phone. in three or five sentences define opportunity cost and trade off and then explain the opportunity cost and trade off of ethans decision

Answer 1

Opportunity, cell phone has a camera, maybe not as good but still, has many other useful features to make up for it...video games do nothing besides entertain in this scenario