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Anna007 [38]
3 years ago
6

What is Opportunity cost and provide an example (own words)

English
1 answer:
RideAnS [48]3 years ago
7 0

Answer:

When economists refer to the “opportunity cost” of a resource, they mean the value of the next-highest-valued alternative use of that resource. If, for example, you spend time and money going to a movie, you cannot spend that time at home reading a book, and you can't spend the money on something else.

Explanation:

Also can u pls mark me brainliest im new

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Explanation:"A region's geographic location also has a direct influence on the development of a local tongue," Lantolf says. "Isolated areas, such as New Orleans, develop different dialects," he explains. "Where there is no contact between regions, entire words, languages and vernaculars can grow and evolve independently.Aug 29, 2005

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