Question

tb mc qu. 01-57 (algo) ming is presented with four... ming is presented with four meal choices, of which she gets to choose one. her order of preference is pizza, schnitzel, curry, and sushi. assuming ming chooses the pizza, what is the opportunity cost of her decision? multiple choice curry pizza all three alternatives to pizza schnitzel

Explanation:

Opportunity cost is the value of the next - best alternative forgone. Ming's order of preference is pizza, schnitzel, curry, and sushi. Since she chooses pizza, the next - best alternative is schnitzel.

Answer:

schnitzel