Harry has been very busy at work the past two weeks. He has been working weekends too. Finally he is going to get a weekend off. Originally he planned to paint his apartment this weekend. He also considered going fishing for the weekend but then his parents called and asked him to come over for dinner because it has been a while since they’ve seen each other later on his friend Theo and informed him about a surprise birthday party for another friend the plan to reserve a room at a restaurant for the Celebration With the cost to reserve a room split between Theo and Harry and three other friends. Now Harry is confused about what he should do over the weekend he decided that for him the most important commitment Are going over to his parents house and attending his friends birthday party and then Terry decides to see his parents

The opportunity cost in this scenario is the benefits that Harry would have received from the activity he did not choose to pursue due to his other commitments.Opportunity cost is the forgone alternative, and it is the benefit that could have been enjoyed from an alternative that is rejected.Harry's original plan was to paint his apartment, but he had to choose between going fishing and visiting his parents, as well as attending the surprise party.The opportunity cost for Harry was the benefits he would have received from fishing, painting the apartment, or attending the surprise party. Harry chose to visit his parents, so the opportunity cost for him was the benefits he would have received from fishing, painting the apartment, and attending the surprise party.