Got Homework?
Connect with other students for help. It's a free community.
Here's the question you clicked on:
 0 viewing

This Question is Open

Tod Group TitleBest ResponseYou've already chosen the best response.1
It's the cost of the forgone choices when you make your decision. For instance, when you choose to read a text book for 2 hours on Sunday, you give the choice of have fun with your friends during the 2 hours.
 one year ago

greenworld666 Group TitleBest ResponseYou've already chosen the best response.0
so "having fun with your friends" instead is the cost you paid while you chose to read a textbook.
 one year ago

ngenshieamoskwanshezi Group TitleBest ResponseYou've already chosen the best response.0
it is the best next alternative forgone. for instance a student needs a textbook, school bag and a pair of shoe. But because of financial constraint he/she boughts only the textbook. The opportunity cost is the school bag because it is the next on the list.
 8 months ago
See more questions >>>
Your question is ready. Sign up for free to start getting answers.
spraguer
(Moderator)
5
→ View Detailed Profile
is replying to Can someone tell me what button the professor is hitting...
23
 Teamwork 19 Teammate
 Problem Solving 19 Hero
 Engagement 19 Mad Hatter
 You have blocked this person.
 ✔ You're a fan Checking fan status...
Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.