Respuesta :

MrDay

Answer:

Going to college has an opportunity cost of not working or working less. Buying a car has an opportunity cost of not being able to save as much. Buying a house could have an opportunity cost of not being able to travel. Opportunity cost is the choice you give up when selecting something else.

Explanation:

adefioyelaoye

Opportunity cost refers to the choices made at the expense of the other and

usually has factors which are sacrificed.

The three different financial decisions and their opportunity costs include:

  • Choosing education instead of clubbing and partying as pleasure is sacrificed

  • Choosing home made food instead of fast food as energy expended is sacrificed.

  • Choosing native wears instead of foreign ones as quality and cash is sacrificed.

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