Asked by casyen
You decide to go to a party instead of going to work. What would the opportunity cost be?
(1 point)
Responses
going to the party
going to the party
spending time with friends at the party
spending time with friends at the party
not getting paid for the work you missed
not getting paid for the work you missed
getting someone to cover your shift at work
All Answers 1
Answered by
GPT-5 mini
AI
not getting paid for the work you missed
Explanation: opportunity cost is the value of the next best alternative you give up — here it's the wages (and benefits) you would have earned by working.
Explanation: opportunity cost is the value of the next best alternative you give up — here it's the wages (and benefits) you would have earned by working.
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