Answer to Question #110019 in Microeconomics for Kerthy

Question #110019
Define opportunity cost. What is the opportunity cost to you of attending college? What was your opportunity cost of coming to class today?
1
Expert's answer
2020-04-17T09:42:38-0400

It can be defined as the loss of other alternatives when one alternative is chosen. In college one can choose to attend classes instead of playing sports.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS