Answer:
True.
Step-by-step explanation:
Economics is also weighing and choosing between two options before you, by weighing what it will cost you to do or not to do that thing. You weigh the benefits and losses.
This cost benefit analysis is somewhat considered to be an opportunity cost.
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.