ECN-220 Week 1 DQ 1 View the video “What Is Opportunity Cost”

View the video “What Is Opportunity Cost,” located in Topic Materials. In this video, a little girl interrupts her father who is reading and asks him to come out and play. The father is faced with a choice, which is a clear opportunity cost. Discuss the opportunity cost with which the father is presented? What is the opportunity cost for the little girl spending time with her father? Does she have an opportunity cost? Is there always an opportunity cost present in any given situation? Please explain.

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Course: ECN-220 Introduction to Economics
School: Grand Canyon University

  • 17/10/2018
  • 12
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