Opportunity cost is:
the benefit derived from a product.
about half of the monetary cost of a product.
the dollar payment for a product.
the value of the best alternative forgone in making any choice.
the value of the best alternative forgone in making any choice.
Explanation:
A opportunity cost is that cost that is generated and not enjoying the benefits linked with the best alternative choices and is defined as the loss of the optional gains and is the benefits that are not received as a resulting of not selecting the next best option. And can be explained as the finds toed up in on their own business.
