Question

Select the answer that best describes opportunity cost:

A.The amount of money you put into savings every year.
B.The amount of money a business makes every year from sales.
C.What you gain as a result of choosing one option versus another;a benefit.
D.What you give up as a result of choosing one option versus another;a trade-off.

Answer 1

(C. What you gain as a result of choosing one option versus another; a benefit.)
It would be C, because if it's an opportunity then that means it's going to benefit you, your gaining a resource in your business.