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RideAnS [48]
3 years ago
12

What represents the value of the second-best alternative that a person gives up when making a choice?

Social Studies
2 answers:
amid [387]3 years ago
6 0

Answer:

c) opportunity cost

Explanation:

it means the value of the next highest valued alternative use of that resource. An example is, you spend money and time to go and watch a movie , you can never spend that time you and money at home reading a book and you cannot spend the money on something else

VikaD [51]3 years ago
4 0
Answer should be letter c
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