Register
Select the answer that best describes what an opportunity cost is:
55.8k views
1 vote
Select the answer that best describes what an opportunity cost is:

User RobertL
by
3.0k points

2 Answers

5 votes

Answer:

The trade-off of making one choice and giving up a different choice

Step-by-step explanation:

User Hogan
by
3.7k points
2 votes

Answer:

the loss of potential gain from other alternatives when one alternative is chosen.

Step-by-step explanation:

User Marouane Lakhal
by
2.7k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.3m answers

Other Questions

Given several pollution sources within a given region. You have determined the level of pollutants that the environment can tolerate and need to design a regulatory system that guarantees that tis limit
A two-year-old child has a pet dog named Sophie. The child visits her neighbor and sees the neighbor's pet dog. Even though the neighbor's dog is larger and of a different color, the child points to it
A marker used to identify a person in a photo is called: A. a download B. a tag. C. TMI. D. "friending."
Why does laughter seem to qualify as a biological functions?
One's decision to call someone engaged in guerrilla warfare a terrorist rather than a freedom fighter depends on one's view of the cause they’re fighting for. In the context of social psychology, this
Link Copied!