Answer:
Opportunity cost, is the right answer.
Explanation:
The term opportunity cost is used to refer to the profit lost while an individual selects one alternative over another. This concept plays an important role as a reminder to examine all available alternatives before making a decision. For example, a person can produce 1 apple at $1 and juice at $1. Here, if person produce apple then the amount of juice the is opportunity cost to produce apple.
