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3 years ago

9

If you lend $500.00 to your brother, what is your opportunity cost?

1 answer:

Shtirlitz [24]3 years ago

8 0

<span>Opportunity cost is the value of the next best alternative when you make a decision; it's what you give up. Understanding opportunity cost allows you to make decisions, knowing both what you are getting and what you are giving up. in the above case of lending of $500.00 to your brothers is What you want most costing $500.</span>

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Step-by-step explanation:

Order of operations.

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