understanding opportunity cost\njasmine has played basketball since she was six years old. each winter, she…

understanding opportunity cost\njasmine has played basketball since she was six years old. each winter, she starts practicing for her local team. this year, she has decided to take a job at a supermarket. jasmine is not able to do both activities, because her shift at the supermarket would begin before the teams practices would end.\nbased on what you have read, if jasmine works at the supermarket, what is her opportunity cost?\nmissing out on playing basketball\ngaining job experience\nworking at a new job

understanding opportunity cost\njasmine has played basketball since she was six years old. each winter, she starts practicing for her local team. this year, she has decided to take a job at a supermarket. jasmine is not able to do both activities, because her shift at the supermarket would begin before the teams practices would end.\nbased on what you have read, if jasmine works at the supermarket, what is her opportunity cost?\nmissing out on playing basketball\ngaining job experience\nworking at a new job

Answer

Brief Explanations:

Opportunity cost is the value of the next - best alternative forgone. Since Jasmine can't do both working at the supermarket and playing basketball due to time conflict, the alternative she gives up (playing basketball) is the opportunity cost.

Answer:

missing out on playing basketball