Which of the following is an example of an opportunity cost?
O Laura buys a turkey club hero.
O Molly buys a soda with her lunch.
O Harry skipped class so he failed his test the next day.
O Paul chooses the cafeteria food over going out to eat with his friends.



Answer :

Final answer:

Opportunity cost is the sacrificed alternative in decision-making. Laura, Molly, and Paul's choices exemplify opportunity cost.


Explanation:

Opportunity cost represents the most desirable alternative that is given up when making a decision. In the context of the options provided:

  1. Laura buying a turkey club hero means she foregoes buying something else she desires more, indicating opportunity cost.
  2. Molly's choice to buy a soda with her lunch represents her missed opportunity to spend that money on a different item or save it.
  3. Paul opting for cafeteria food over going out with friends displays the opportunity cost of missing out on socializing or other experiences.

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