Select the answer that best describes what an opportunity cost is:

Question 2 options:

The amount of money you put into savings each year

The trade-off of making one choice and giving up a different choice

The amount of money a business makes every year from sales

The benefit you gain by choosing one option versus another

User Icon for Bot GPT 3.5 Bot GPT 3.5 answered
11 months ago

The trade-off of making one choice and giving up a different choice