Opportunity cost
Opportunity cost measures the value of the best alternative you give up.
4 minutes. No sign-up needed.
This lesson is part of the Economics course.
Example plan3 lessons · 11 min
Scarcity and trade-offs3 min
Opportunity costEconomic choice and opportunity cost4 min
Marginal analysisEconomic choice and opportunity cost4 min
An example. Your plan follows your answers, so it can start later and end sooner.
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