elgallo5399
25.02.2020 •
Business
You are faced with the following alternative choices on Saturday afternoon. You can only do one of these activities. None of these activities will require you to spend any money.
Choice A: Go hiking.
Choice B: Work out using exercise equipment in your garage.
Choice C: Stay at home and practice playing the violin.
It turns out that Choice A is your most preferred activity, Choice B is your second most preferred activity, and Choice C is your least preferred activity. You choose to go hiking.
What is the opportunity cost of your decision to go to hiking?
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Ответ:
Missing out on the benefits I get from working out using exercise equipment in my garage.
Explanation:
When an option is chosen from alternatives, the opportunity cost is the "cost" incurred by not enjoying the benefit associated with the best alternative choice. The New Oxford American Dictionary defines it as "the loss of potential gain from other alternatives when one alternative is chosen." Since Choice B is the next best choice to hiking, missing out on the benefits of working out will be my opportunity cost.
Ответ:
yea
Explanation:
thats a cool idea ...