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Cyril Jay Malana
on Oct 27, 2024

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The student center on campus has burritos,bagels,or burgers for lunch,and they all cost the same.You decide to have a burger today,but if they were out of burgers,you would have bought a bagel.Your opportunity cost of buying a burger is your enjoyment of the:

A) burger.
B) bagel.
C) burrito.
D) bagel and the burrito.

Opportunity Cost

The value of the best alternative forgone when a decision is made.

Burritos

A Mexican dish consisting of a wheat flour tortilla wrapped or folded around a filling, often including beans, rice, meat, and vegetables.

Bagels

Doughnut-shaped bread rolls that are boiled before being baked, often topped with seeds or filled with various ingredients.

  • Master the concept of opportunity cost and its use in assorted decision-making situations.
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Martha TannerNov 02, 2024
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