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What is the opportunity cost of saving money to purchase a car?
A) the cost of working hard to save money
B) the money you could have earned at a job
C) the money could be used to go on vacation
D) the cost of insurance, gas, and maintenance

Respuesta :

The answer is the money could be used to go on vacation

arshikhan8123

The correct option is C) the money could be used to go on vacation.

What is the opportunity cost of saving money?

The opportunity cost of saving is that saving leaves you with less money to use for buying goods and services today.

What is opportunity cost simple definition?

Opportunity cost is the profit lost when one alternative is selected over another. The concept is useful simply as a reminder to examine all reasonable alternatives before making a decision.

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Learn more about opportunity cost here https://brainly.com/question/8846809

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