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In Business / College | 2025-07-07

Which of the following is an example of an opportunity cost?
A. lower future investment earnings as a result of purchases
B. interest earned on a savings account
C. the cost of a needed car repair
D. salary or wages earned on a part-time job

Asked by calebmackattack

Answer (1)

The example of opportunity cost among the options given is 'lower future investment earnings as a result of purchases.' Opportunity cost reflects the value of the best alternative that you miss out on when choosing one option over another. The other options either represent earned income or expenses incurred, rather than costs of missed opportunities. ;

Answered by GinnyAnswer | 2025-07-08

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