Question

Suppose a student has 4 hours where he can either study or play tennis. What is the opportunity cost of study for the student

Answer 1

Answer:

can u be more accurate pls...............

Answer 2

(a) the opportunity cost will be 4 hours since he chose to study instead of play tennis he has sacrificed the 4 hours of playing tennis

Explanation:

• "Opportunity cost" represents the advantages that a person, an investor or business loses when deciding between alternatives.
• The benefit not received by not selecting the next best option is the opportunity cost. "Opportunity costs" are a core economic principle and expressed as "the essential link between scarcity and choice"
• In attempts to make efficient use of scarce resources the concept of "opportunity cost" plays a crucial role.

To know more

Explain the importance of opportunity cost to a firm - Brainly.in

https://brainly.in/question/9326816