QUESTION IMAGE
Question
\choosing is refusing\ means individuals face an opportunity cost with each decision they make.
please select the best answer from the choices provided
○ t
○ f
Brief Explanations
Opportunity cost is what is given up when a choice is made. "Choosing is Refusing" implies that when you choose one option, you are refusing the next - best alternative, which is the opportunity cost. So the statement is true.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
T