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djverab [1.8K]
2 years ago
13

You have a 3 day weekend coming up. You can go to the beach with your family, spend the weekend at your best friend's house, or

spend the weekend taking a SAT prep course. You would pick the weekend at your friend's house over the SAT prep course. What is your opportunity cost if you end up going with your family to the beach?
A) SAT prep course
B) weekend at your best friend's
C) time with your family
D) time at the beach
Business
1 answer:
Lana71 [14]2 years ago
7 0

The opportunity cost in the case given above will be a weekend at best friend's house when one decides to go to the beach with his or her family.

<h3>What is opportunity cost?</h3>

When an individual chooses an option, alternatives available in the hands of such individual, which could have been chosen over such option, are the opportunity cost for that individual.

Hence, option B holds true regarding the opportunity cost.

Learn more about opportunity cost here:

brainly.com/question/13036997

#SPJ1

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