Respuesta :
Answer:
C
Explanation:
$25 dollars because this is the highest valued alternative forfeited
The Opportunity Cost of going to economics is $20 (if you go in for work) because that’s the the best alternative
What is Opportunity Cost?
In microeconomic theory, the opportunity cost of a particular activity option is the loss of value or benefit that would be incurred by engaging in that activity, relative to engaging in an alternative activity offering a higher return in value or benefit.
What is meant by Economics?
Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics is a field which analyzes what's viewed as basic elements in the economy, including individual agents and markets, their interactions, and the outcomes of interactions.
Individual agents may include, for example, households, firms, buyers, and sellers. Macroeconomics analyzes the economy as a system where production, consumption, saving, and investment interact, and factors affecting it:
employment of the resources of labour, capital, and land, currency inflation, economic growth, and public policies that have impact on these
elements.
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