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By the end of the summer, Jason had saved enough money for college from his job as a waiter. He even had some money left over. Although he wanted both, he decided to buy a DVD player rather than a
digital camera. Which of the following is the opportunity cost in this scenario? a. the DVD player c. college b. the digital camera d. the job
The opportunity cost would be b. the digital camera :)
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Original conversation
User: By the end of the summer, Jason had saved enough money for college from his job as a waiter. He even had some money left over. Although he wanted both, he decided to buy a DVD player rather than a digital camera. Which of the following is the opportunity cost in this scenario? a. the DVD player c. college b. the digital camera d. the job

Weegy: The opportunity cost would be b. the digital camera :)
spencepuppy|Points 24|

User: Economists state that every decision involves trade-offs. Economists measure and define these trade-offs as: a. productions possibilities curve. c. circular flow of economic activity. b. paradox of value. d. opportunity costs.

Weegy: Economists state that every decision involves trade-offs. Economists measure and define these trade-offs as: opportunity costs.
jeifunk|Points 12186|

User: When you are thinking on the margin, the factor that should most influence your decision is most closely described by which of the following terms _________ a. marginal cost b. opportunity cost c. the “guns or butter” theory d. marginal opportunity benefits

Weegy: When you are thinking on the margin, the factor that should most influence your decision is most closely described by: b. opportunity cost.
Expert answered|alfred123|Points 5470|



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Asked 1/6/2014 3:21:56 PM
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Questions asked by the same visitor
true or false? Opportunity cost is the least desirable alternative given up as a result of a decision.
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Not Answered
Updated 24 days ago|2/27/2017 6:33:26 AM
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Opportunity cost is the least desirable alternative given up as a result of a decision. TRUE.
Added 24 days ago|2/27/2017 6:33:26 AM
This answer has been confirmed as correct, not copied, and helpful.
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