economics- opportunity cost

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how does opportunity cost vary?
why does opportunity cost vary?

for why i put: Opportunity cost is different for every individual. It varies depending on the choice you make.

i'm not sure about "how" it varies though.

  • economics- opportunity cost -

    Opportunity cost, for an individual, will change if relative prices change. E.g., for me, the opportunity cost of a Big Mac is about 3 double cheeseburgers. What would happen to my opportunity cost if the price of Big Macs changed, but cheeseburgers remained the same?

    Opportunity cost can also change with changing tastes

  • economics- opportunity cost -

    this is confusing i hate business studies!!!!!!!]

  • economics- opportunity cost -

    For how the opportunity cost vary?
    Answer: Because its expressed in relative price, and it price of one choice to the price of another.

  • economics- opportunity cost -

    what does thinking at the margin help compare

  • economics- opportunity cost -

    I can't wait to get out of this indoctrination center!!

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