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How a person may incur an opportunity cost without paying anyone any
money.

User Eck
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1 Answer

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Answer:

A person may incur an opportunity cost without having spent any money.

This ocurrs because people dispose of a limited amount of time, and as a result, they have to decide between different alternatives to spend their time.

For example, if a person in his spare time decides to go to the park instead of staying home watchig TV, then, the opportunity cost is the time that could have been spent watching TV.

User Chris Keele
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