87.0k views
2 votes
Opportunity cost and provide an example

1 Answer

0 votes

Answer:

Let's say that that Daniel has work on the same day his friends want to see a movie.If Daniel misses out on the movie the oppertunity cost will be missing out on the movie to go work.If Daniel skips work, the opportunity cost will be the wages lost from work.

Step-by-step explanation:

User Noordin
by
7.7k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.