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Kamila [148]
3 years ago
10

The opportunity cost of a choice is the _____ of the opportunities lost.a. Valueb. Interest

Business
1 answer:
vlada-n [284]3 years ago
5 0

Answer:

value

Explanation:

Opportunity cost or implicit is the value of the option forgone when one alternative is chosen over other alternatives.

For example, if I leave by job where i earn $100,000 per year to study economics in college. My opportunity cost is $100,000. This is the amount i would have been earning if i didn't go to college

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