Question

What could happen as a result of the effects of the opportunity cost on the left? Check all that apply.

Answer 1

Question:

What could happen as a result of the effects of the opportunity cost on the left? Check all that apply.

A. missing out on spending time with friends

B. is more prepared for the test

C. has more time to get work done

D. gives up a chance to have fun

E. takes more time to finish homework

As a result of the effects of the opportunity cost on the left, the following happens:

• missing out on spending time with friends
• gives up a chance to have fun

Answer: Option A and D

Explanation:

Opportunity cost is losing other options when one is chosen. This is phenomenal and may become loss or gain, depend maximum on individual’s potential.

This cost is paid mostly when one step-up in new shoes where they need to select, as escape is not acceptable and benefits enlisted behind it is visible only who have positive side to keep encouraging themselves.

Prioritizing the work or anything is a need, affection or sometimes maturity, vary person to person. Hence, it too has second face where loss is compulsion like skipping enjoyment & fun to complete or to pursue important task.