krissymonae krissymonae
  • 11-04-2019
  • Business
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what is the opportunity cost in this scenario​

what is the opportunity cost in this scenario class=

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MrsSeifried MrsSeifried
  • 11-04-2019

Answer: The correct answer is visiting Ouro Preto.

Explanation: Opportunity Cost is what a person misses out on when another option is chosen. In this case Mikael chose to pay the extra $200 for the transportation. In order to do this he had to give up $200 in sightseeing. The sightseeing experience of visiting Ouro Preto is the Opportunity Cost in this scenario.

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