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  • 18-03-2021
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HELP ME PLZZ, ASAP!!

What is opportunity cost?

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dudeyy dudeyy
  • 18-03-2021

Answer:

Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another. The idea of opportunity costs is a major concept in economics.

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MelanieNB
MelanieNB MelanieNB
  • 18-03-2021

Answer:

Look below

Explanation:

Opportunity cost is when you lost an opportunity/chance to benefit from something because you took the wrong alternative/choice resulting in a loss of benefit.

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