Question

___________ costs involves the measurement of sacrifice?
A. Marginal
B. Opportunity
C. Production
D. Variable

Answer 1

Answer:

OPPORTUNITY

Explanation:

HÔPË ÏTẞ HÉLPFŪLL

PLS MARK AS BRAINLIEST

Answer 2

By definition,Opportunity Cost is the measurement of sacrifice.Thus,the correct answer is option B.

Explanation:

Opportunity cost basically implies the trade off or exchange between various options or choices.If we avail one particular option or choice,we are normally sacrificing or giving up the opportunity to avail the other.One simple example of opportunity cost in our regular life can be applicable for any typical office-goer or a student.An office-goer is usually an employed/salaried employee who goes to office on weekdays at a fixed time,but at the same time he is giving up/sacrificing the opportunity to engage in any personal business that could have generated constant revenue instead of fixed income.Similarly, a student studying in school or college has to attend classes weekdays during a specific time and he/she may be giving up the opportunity to involve in any part time job and earn side income.Hence,opportunity cost basically measures how much or what we are sacrificing to avail one particular option or choice.