crash course economics #1 - scarcity\ntogo florez\nmultiple - choice question\nwhich best fits the meaning…

crash course economics #1 - scarcity\ntogo florez\nmultiple - choice question\nwhich best fits the meaning of \opportunity cost\?\nhow much is costs to hire someone for work\nthe loss of potential money or benefits from choosing to do something rather than a better alternative\nthe loss of money from theft

crash course economics #1 - scarcity\ntogo florez\nmultiple - choice question\nwhich best fits the meaning of \opportunity cost\?\nhow much is costs to hire someone for work\nthe loss of potential money or benefits from choosing to do something rather than a better alternative\nthe loss of money from theft

Answer

Brief Explanations:

Opportunity cost in economics refers to the value of the next - best alternative forgone when a decision is made. It is about the potential benefits that are lost when one option is chosen over another.

Answer:

The loss of potential money or benefits from choosing to do something rather than a better alternative