Define opportunity cost. What is your opportunity cost of attending a class at 11:00 a.m.? How does

Question:

Define What is your of attending a class at 11:00 a.m.? How does it differ from your of attending a class at 8:00 a.m.?
Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...