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alkagairola
 2 years ago
what is the formula for opportunity cost
alkagairola
 2 years ago
what is the formula for opportunity cost

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NicholasY
 2 years ago
Best ResponseYou've already chosen the best response.1Opportunity cost is your most valuable alternative. For example; you could spend the day working for $10/hr for 8 hours, or doing $100 worth of yard work at your own home. If you decide to do the yard work, then the opportunity cost would be the $80 you would of made while working.

jimmothykhon
 2 years ago
Best ResponseYou've already chosen the best response.0The formula to get the opportunity cost is basically what you gave up over what you gained.
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