What is opportunity cost?
Opportunity Cost
Flashcard
•
Other
•
3rd Grade
•
Hard
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5 questions
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1.
FLASHCARD QUESTION
Front
Back
what you give up to make a choice
2.
FLASHCARD QUESTION
Front
What is scarcity?
Back
Not having enough resources
3.
FLASHCARD QUESTION
Front
What is the opportunity cost of the bakery's decision to make cookies instead of muffins?
Back
muffins
4.
FLASHCARD QUESTION
Front
What is the opportunity cost of Emelia's decision to go to Chloe’s house instead of seeing her favorite band?
Back
seeing her favorite band
5.
FLASHCARD QUESTION
Front
What is the opportunity cost of Max's decision to study for his spelling test instead of watching his favorite TV program?
Back
watching TV
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