Question

PLEASE HELPPPP

Select the correct text in the
passage.
What is the opportunity cost in this scenario?
Harry has been very busy at work for the past two weeks. He has been working weekends too.
Finally, he is going to get a weekend off
Originally, he planned to paint his apartment that weekend. He also considered going fishing for the weekend,
But then his parents called and asked him
Later on, his friend Theo informed
to come for dinner because it has been while since they have seen each other.
him about a surprise birthday party for another friend. Theo plans to reserve a room at a restaurant for he
celebration, with the cost to reserve the room split between Theo, Harry, and three other friends.
Now Harry is confused about what he should do over the weekend. He decides
that, for him, the most important commitments are going over
1o his parent's house and attending his friend's birthday party. In the end, Harry decides to see his parents,
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Answer 1

Answer: The opportunity cost in this scenario is the three lost opportunities Harry experiences by deciding to go to his parent's house. The term opportunity cost refers to the loss of potential gain from other alternatives when one alternative is chosen. The potential gain Harry may have lost by choosing to go to his parents for dinner instead could be relaxation while fishing, His house painting finished, and time spent with his friends at the birthday party. These all can be considered lost opportunities due to choosing an alternate opportunity, that being dinner with his parents.

Explanation: i think this is a good answer