Here we have two different decisions.<em><u> Opportunity cost</u></em> of buying the CD and not buying the DVD is 1: ($11-$10). And <em><u>opportunity cost</u></em> of buying the CD and not buying the new T-shirt is 4: ($14-10). <em><u>Opportunity cost</u></em> is the difference between the value of the option chosen and the value of the best option not made. If the option I choose gives me a benefit of 10 but there is an alternative option offered by 12, the opportunity cost is 2.
Anyone can be a journalist as long as they have clear language
Jane Adams <span>She was the leader of the Settlement House </span>