Examlex

Solved

What Is an Opportunity Cost? Give an Example of an Opportunity

question 84

Essay

What is an opportunity cost? Give an example of an opportunity cost that is paid in money and an opportunity cost that is not explicitly paid. For each example, explain why you think this is an opportunity cost.


Definitions:

Infected Mother

A mother who has a contagious disease or infection that can potentially be transmitted to her baby.

Latent Infection

A phase of infection in which the virus or bacteria is present within the host without causing any noticeable symptoms or disease.

Dormant

A state of minimal activity or dormancy, where growth, development, and physical activity are temporarily stopped.

Pathogen

A biological agent that causes disease or illness to its host.

Related Questions