Which example shows a simple understanding of opportunity cost?
Answer and explanation
Correct answer: A student chooses training and gives up unnecessary travel at the same time
Choosing one option may mean giving up another. In exams write comparison of options in career decisions.
Frequently asked questions
What is the correct answer to this question?
A student chooses training and gives up unnecessary travel at the same time
Why is this the correct answer?
Choosing one option may mean giving up another. In exams write comparison of options in career decisions.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Work and meaningful work.