lillianac lillianac

20-06-2020
Social Studies

contestada

2 Points
Which phrase best describes an 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
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Respuesta :

Annmeda Annmeda

21-06-2020

Answer:

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

Explanation:

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

All the other answers do not meet this definition.

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