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Q: 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
A: 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 2/27/2017 6:33:26 AM
1 Answer/Comment
Opportunity cost is the least desirable alternative given up as a result of a decision. TRUE.
Added 2/27/2017 6:33:26 AM
This answer has been confirmed as correct and helpful.
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