Question

discuss the concept of opportunity cost with an example in approx 50 or 69 words​

Answer 1

Explanation:

The opportunity cost was the vacation. ... When the government spends $15 billion on interest for the national debt, the opportunity cost is the programs the money might have been spent on, like education or healthcare. If you decide not to go to work, the opportunity cost is the lost wages.

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Opportunity Cost Examples

Answer 2

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