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Which is the best example of an opportunity cost ​

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Answer: C: You have a business meeting with a potential client.

Step-by-step explanation:

Please correct me if im wrong but it makes more sense.

User Agostino
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Answer:

When economists refer to the “opportunity cost” of a resource, they mean the value of the next-highest-valued alternative use of that resource. If, for example, you spend time and money going to a movie, you cannot spend that time at home reading a book, and you can't spend the money on something else.

The cost of making a choice is that the next best alternative is forgone. This is know as opportunity cost. For example if a Government decides to make the choice of devoting more resources to the NHS then the opportunity cost is devoting those resources into the education system.

Bets i got ;0

User Mark Rhodes
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