Question

The opportunity cost of an item is

a. Always greater than the cost of producing the item.

b. What you give up to get that item.

c. Always less than the dollar value of the item.

d. The number of hours that one must work in order to buy one unit of the item.

Answer 1

b. What you give up to get that item.

Answer 2

⚡Hey mate⚡

⚡Here is your answer⚡

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Option " b" is correct.....

What you give up to get that time......

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⚡Hope it helps you⚡