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?

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27-07-2018
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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?

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arjungurung200pbw2h2 arjungurung200pbw2h2 · Answer 1 · 2018-07-27T17:13:56+02:00

arjungurung200pbw2h2 arjungurung200pbw2h2

27-07-2018

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.

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