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Colander textbook definition, Opportunity cost is the benefit forgone of the next-best alternative to the activity you have chosen. https://www.youtube.com/watch?v=NwOYLV-L7pc 1) After watching the video,

Colander textbook definition, "Opportunity cost is the benefit forgone of thenext-best alternativeto the activity you have chosen."

https://www.youtube.com/watch?v=NwOYLV-L7pc

1) After watching the video, write the definition of opportunity cost using your own words.

2) Givetwoexamples of opportunity cost from your own decisions in the past week.

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