asked 123k views
1 vote
One method for studying opportunity cost Is to think I'm in terms of what

asked
User Samaria
by
8.6k points

2 Answers

4 votes

Answer:

C — tradeoffs

Step-by-step explanation:

A trade-off is a balance achieved between two desirable but incompatible features; a compromise. You are giving up something to achieve something else.

Think of it as being the cost (price) to achieve an opportunity (want).

answered
User Hennep
by
7.9k points
1 vote
one method for studying opportunity cost is to think in terms of cause and effect

To study it, you have to calculated the benefit/damage that you cause by considering the effect of choosing an option

hope this helps
answered
User Ignacio Pascual
by
7.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.