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What is opportunity cost?

What is opportunity cost?. I can define and explain opportunity cost. . wants. Things that people desire, but DON’T have to have in order to live. . needs. Things you HAVE to have in order to live. . o pportunity cost.

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What is opportunity cost?

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  1. What is opportunity cost? I can define and explain opportunity cost.

  2. wants • Things that people desire, but DON’T have to have in order to live.

  3. needs • Things you HAVE to have in order to live.

  4. opportunity cost • Your opportunity cost is the thing you give up when you make a choice between two different things.

  5. Let’s read about opportunity cost!

  6. What would you choose? Go to a Red’s game! A trip to the beach!

  7. What would you choose? An Xbox One A brand new treehouse

  8. What would you choose? A pack of Air Heads A Hersey bar!

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