asked 186k views
3 votes
Brad is saving money for a car. He decides to put the money into a holiday club account. Why might Brad end up regretting this decision?

1 Answer

3 votes
this is the concept of opportunity cost. If Brad puts money for a club, then he gives up the choice to buy the car, which may lead him to not be able to buy the car anymore.
answered
User Scampbell
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