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dedylja [7]
3 years ago
15

What is opportunity cost? Give a personal example, from your life, concerning opportunity cost.

English
1 answer:
den301095 [7]3 years ago
4 0

Answer:

opportunity cost is the idea of giving something up in order to get something

Explanation:

A student spends three hours and $20 at the movies the night before an exam. The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the opportunity cost is planting a different crop, or an alternate use of the resources (land and farm equipment).

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Odysseus says “I would not suffer the flight of my oarswept vessels until a cry had been made three times for each of my wretche
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<em>The Odyssey</em>, Homer's epic, tells a story about Odysseus, a hero trying to return home after the Trojan War. In doing so, he battles strange creatures and faces the gods' anger. In this particular excerpt, three of his soldiers have died, and he is aware that he has lost his companion. Odysseus honors them and demonstrates that he really does care about his people.

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