Question

opportunities for expense​

Answer 1

Answer:

The opportunity cost is time spent studying and that money to spend on something else. A farmer chooses to plant wheat; the opportunity cost is planting a different crop, or an alternate use of the resources (land and farm equipment). A commuter takes the train to work instead of driving.

Answer 2

opportunity costs represent the potential benefits an individual, investor,or business misses out on when choosing one alternative over another . the idea of opportunity costs is a major concept in economics