A local fast-food restaurant mails coupons for a free sandwich to every home in the community. Natasha, who is on a diet, receives one of the coupons. Which of the following is an opportunity cost of redeeming the sandwich coupon for Natasha?

Question

Quizplus · Accepted Answer

The opportunity cost is the benefit that is missed or given up when choosing one alternative over another. In Natasha's case, the opportunity cost of redeeming the sandwich coupon is the benefit she would receive from sticking to her diet plan, as this is the next best alternative she gives up by choosing to eat the sandwich.

A Local Fast-Food Restaurant Mails Coupons for a Free Sandwich