carlosenrique
contestada

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.

Respuesta :

Candykiss3
(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.

The best option that describes opportunity cost is:

C. What you gain as a result of choosing one option versus another; a benefit.

Opportunity cost is defined as the loss of a potential gain from another alternative being chosen. The best option is C, because it mentions what you gain and benefit from chosing something over another. Most people have opportunity costs in their life daily, but do not realize that they are constantly making these types of decisions.