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MariettaO [177]
3 years ago
11

1. Misha likes studying the law and needs to decide between a career as a lawyer, a police

English
1 answer:
Oliga [24]3 years ago
6 0

Answer: C. loss of income in the immediate future

Explanation:

The Opportunity Cost of a decision refers to the alternatives we give up for any decisions that we make.

By deciding to become a lawyer, Misha would have to go to school for the next 6 years and therefore forego income he could have earned from one of the other careers for the same time period. This income is the opportunity cost as it is what he will have to give up in order to attend law school and become a lawyer.

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