D. What's the Opportunity Cost? For each situation, write the opportunity cost-what the person gave up by making the decision. (Hint: Don't worry about math. Describe the cost in words.) 1) Clink or swim? 2) An Interest ing Choice Sam's boss called to offer 3) Risky Business 4) An air-y hard decision her an extra shift tonight. Jason can put his money in a Sam wanted the money, but savings account and earn Lacey designs dresses. She If Zephyr, Inc. spends $2 she's got a big swim meet about 12 cents in interest can keep designing casual million buying out its main this month, or he can loan it dresses that bring $65 but competitor, it can earn $3 tomorrow and needed sleep. are easy to sell, or she could She told her boss to offer to Matt, who says he'll million in new sales. If it the shift to someone else. return the money plus $20 design formal gowns that sell spends $2 million designing a at the end of the month. He for $500 but must be high new airship, it might make $4 The opportunity cost was: loans it to Matt. fashion. She takes a risk on million if it can sell 10 ships. formal gowns. The opportunity cost is: It buys the competitor. The opportunity cost is: The opportunity cost is