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18 Aug 2020
The opportunity cost of an activity is
A) the sum of benefits from all of the sacrificed alternatives
B) the amount of money spent on the activity
C) zero if you choose the activity voluntarily
D) the value of the best alternative not chosen
E) the difference between the benefits and the costs of that activity
The opportunity cost of an activity is
A) the sum of benefits from all of the sacrificed alternatives
B) the amount of money spent on the activity
C) zero if you choose the activity voluntarily
D) the value of the best alternative not chosen
E) the difference between the benefits and the costs of that activity
Sonal BahlLv10
6 Nov 2020