Answer:
The other items you could have purchased with your $50
Explanation:
Opportunity cost represent the loss of potential benefit that occurs when you choose an alternative decision. This concept is usually used by businesses during their budget allocation process in order to find out the best way how to spend their capital.
On the example above, You receive $50 as a birthday gift. That $50 can be used for anything. You can choose to use it to purchase games, clothing, foods, etc. But you decided to spent it on wallpaper. By purchasing the ability you lose the opportunity to buy any of those other things. This loss is what considered as opportunity cost.
Odysseus suffering and labored harder than anyone else, and he doesn't even get a glorious death—just an embarrassing disappearance. Is it all worth it when he returns at the end?
Mainly seafood. Back then, fish, crab, clam, and other seafood was much cheaper than now and provided a much healthier diet.
