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You are deciding on the retiring age, what would be the opportunity cost of an early retirement, and what would be the opportunity cost of

  1. You are deciding on the retiring age, what would be the opportunity cost of an early retirement, and what would be the opportunity cost of retiring after 70?
  2. You are deciding whether to live in the city (where you study and work) or in the suburbs. What is theopportunitycostofliving in the city?Whatistheopportunitycostofliving in the suburbs?
  3. Yourfirmistryingtodecidewhether toallocatepartofitsbudgetto develop a new product. What is the opportunity cost of doing this?

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