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marysya [2.9K]
3 years ago
8

One method for studying opportunity cost is to think in terms of

History
2 answers:
marissa [1.9K]3 years ago
3 0
The answer is C) cost and benefit
Slav-nsk [51]3 years ago
3 0

Answer: cost and benefit.

In economics, opportunity cost represents the benefit that a person misses out on when choosing one alternative over another. In every decision we make, there is a cost involved, even when the cost is only the inability of picking another alternative instead.

Opportunity costs are often overlooked, but they are important to consider when making any decision. A way in which we can study opportunity cost better is to think in terms of cost and benefit.


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