Question

Someting that is given up as the result of a choice is referred to as

Answer 1

Answer:

As a result , we must make choices. When we make a choice , that choice

necessarily means that we have to give up something . The something we give up

is called opportunity cost. Economists define opportunity cost as the next best

alternative or the highest valued alternative to the choice that was made.

Pls choose as brainliest