Which of the following quotations best captures the idea of opportunity cost?
A)"Opportunity knocks but once."
B)"Every choice involves a sacrifice."
C)"Let's not ask for the moon; we have the stars."
D)"Fools rush in where wise men fear to tread."
E)"All that glitters is not gold."

Question

Quizplus · Accepted Answer

The idea of opportunity cost is that every time we make a choice, we give up the opportunity to choose something else. Therefore, every choice involves a sacrifice, and this quotation best captures that idea.

Which of the Following Quotations Best Captures the Idea of Opportunity