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Carlos is trying to decide among a hamburger, a hot dog, or a salad.
He chooses the hamburger.
Any value given up by not choosing the hot dog or the salad is called the _____.
trade-off, opportunity cost, marginal benefit?
Answer
It is called the opportunity cost.
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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017
This 40 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 218 views.