Post a New Question

A.P. Economics

posted by .

Why must the opportunity cost of a decision always be something desirable?

  • A.P. Economics -

    opportunity cost is the value of the next best thing when making a decision.

    Say you have a decision to buy A or B. You know the value of each decision. You choose A, and it cost you the opportunity to choose B.

    I can't answer your question, mainly because of the word "desirable". That is not an operationally objective word, what is desirable for one is not desirable to another.

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions

Post a New Question