04-12-2020
Social Studies

contestada

Which phrase best describes the opportunity cost?
A. The money a business makes after paying for its expenses
B. The price of a product determined by supply and demand
C. The amount of money a business has to make a product
D. The value of what is lost when picking one choice over another

Respuesta :

1AnnaMoore 1AnnaMoore

04-12-2020

Answer:

D. The value of what is lost when picking one choice over another

Explanation:

This is because an opportunity cost is a benefit or profit of something that must be given up to acquire or achieve something else.

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laurahanson laurahanson

04-12-2020

Answer:

D

Explanation:

Answer Link

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