When you make a choice, the experience from what would have been your second option is called

trade-off.
supply.
demand.
opportunity cos
You can either go to a movie or go bowling. If you choose the movie,

you will spend far more on the movie than you would on bowling.
you will have made the choice that has the most benefit.
your opportunity cost is the amount of money you pay for the movie.
your opportunity cost is the time and experience of bowling.
The fact that we cannot have everything we want is caused by

This is called opportunity cost because it's the cost of having the second option. You lose the experience.

If you choose the movie, your opportunity cost is the time and experience of bowling

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Sam1s Sam1s · Answer 2 · 2022-03-24T12:55:31+01:00

When you make a choice, the experience from what would have been your second option is called:

-Opportunity cost

You can either go to a movie or go bowling:

-If you choose the movie, your opportunity cost is the time and experience of bowling

Opportunity Cost

The opportunity cost is time went through considering which cash to spend on something else.

Opportunity cost is an financial matters term that alludes to the esteem of what you've got to grant up in arrange to select something else. In a nutshell, it's a esteem of the street not taken.

Learn more about "opportunity cost":

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