![]() The opportunity cost of taking a vacation instead of spending the money on a new car is not getting a new car. ![]() You choose basket weaving and the opportunity cost is the enjoyment and value you would have received from choir. This semester you can only have one elective and you want both basket-weaving and choir.It takes her 60 minutes to get there on the bus and driving would have been 40, so her opportunity cost is 20 minutes. Jill decides to take the bus to work instead of driving.A player attends baseball training to be a better player instead of taking a vacation.When you choose rocky road, the opportunity cost is the enjoyment of the strawberry. At the ice cream parlor, you have to choose between rocky road and strawberry.The opportunity cost is the cost of the movie and the enjoyment of seeing it. Someone gives up going to see a movie to study for a test in order to get a good grade. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |