Witch best describes an opportunity cost?

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Cbreon20020303idn Cbreon20020303idn

02-06-2021
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Witch best describes an opportunity cost?

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Joselyngarcia731idn Joselyngarcia731idn · Answer 1 · 2021-06-02T13:11:03-04:00

Joselyngarcia731idn Joselyngarcia731idn

02-06-2021

Answer: Opportunity cost is used to describe the value that is given up by choosing an alternative option when faced with choices. An opportunity cost does not necessarily need to be monetary and may describe a sense of loss when forgoing a particular option.

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