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You have a choice between using your time to study for this exam and receive an A or you can go to a movie with your friends. You decide to study for the exam and receive an A. What is your opportunity
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Aug 14, 2023
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You have a choice between using your time to study for this exam and receive an A or you can go to a movie with your friends. You decide to study for the exam and receive an A. What is your opportunity cost?
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Arun Tyagi
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Your opportunity cost is seeing a movie with your friends. You gave up one for the other!
I hope this was helpful!
Malte Susen
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Aug 20, 2023
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Malte Susen
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