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Kisachek [45]
3 years ago
10

Opportunity costs refer to_____________.

Business
1 answer:
Mamont248 [21]3 years ago
4 0

Answer:

D. trade-offs associated with financial decisions.

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Let's assume Martin can produce either 5 jeans or 10 shirts in one hour. If Martin decides to produce jeans instead, his opportunity cost are the shirts he trades off when he decided to produce jeans.

I hope my answer helps you

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Answer:

C

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Answer:

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The underlined statements in kyle's speech and the definition, are of the same meaning

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Answer:

It takes population size into account when measuring the value of goods and services.

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