If you choose between two summer jobs, what is the one you do not choose called? A. trade-off B. opportunity cost C. decision at the margin D. opportunity at the margin (i know this is such a simple question all i would have to do is google the meanings but im getting the meanings confused :/ i thought the answer was C but if someone could maybe simplify the meaning so help explain to me why im wrong i would really appreciate it. thanks!)
It's B. opportunity cost
do u mind explaining how u come up with that answer sorry to be picky but i would like to understand why i got it wrong.
b
When you chose one over the other, it costs you the alternative that had to be turned down in order to pursue one over the other.
As in, you lost one in order to keep one.
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