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Which of the following is an example of an opportunity cost?
O Laura buys a turkey club hero.
O Molly buys a soda with her lunch.
O Harry skipped class so he failed his test the next day.
O Paul chooses the cafeteria food over going out to eat with his friends.

Verified Answer :

GinnyAnswer

Final answer:

Opportunity cost is the sacrificed alternative in decision-making. Laura, Molly, and Paul's choices exemplify opportunity cost.


Explanation:

Opportunity cost represents the most desirable alternative that is given up when making a decision. In the context of the options provided:

  1. Laura buying a turkey club hero means she foregoes buying something else she desires more, indicating opportunity cost.
  2. Molly's choice to buy a soda with her lunch represents her missed opportunity to spend that money on a different item or save it.
  3. Paul opting for cafeteria food over going out with friends displays the opportunity cost of missing out on socializing or other experiences.

Learn more about Opportunity Cost here:

https://brainly.com/question/37051624


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