Seudónimo Seudónimo
  • 17-10-2021
  • Business
contestada

Define opportunity cost, please!

Thank you!

Respuesta :

realnepali444
realnepali444 realnepali444
  • 17-10-2021

Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

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cy1ute
cy1ute cy1ute
  • 17-10-2021

Answer:

It's when you lose one opportunity due to picking something else or you lose a whole experience because of a chose you made. For example, if I decided to work at McDonald's then instead of going to school,I've lost a lot of chances because I made this one choice.

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