Question

Question 5 of 10

Which situation best describes an opportunity cost?
A. A corporation that begins selling a new product sees its overall
profits increase.
B. A person decides to go back to college in order to transition to a
new career.
C. A marketing company goes out of business because it could not
find enough clients.
D. An employer who hires a new employee can't hire the other people
she interviewed.
SUBARU

Answer 1

D

Because opportunity cost is a benefit profit or value that firm has to give up in order to achieve or have something else