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Opportunity Cost : the value of the next-best alternative that you did not choose . ~ I want to move either to Denver or to Atlanta ; I end up picking Denver because I like the location better. The opportunity cost of moving to Denver instead of Atlanta is that Atlanta would be closer to home.
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Chapter 2 Slide Show

  • 1. Opportunity Cost : the value of the next-best alternative that you did not choose . ~ I want to move either to Denver or to Atlanta ; I end up picking Denver because I like the location better. The opportunity cost of moving to Denver instead of Atlanta is that Atlanta would be closer to home.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.