Robin makes a decision to leave her position as a copy editor when her first child is born. An example of the opportunity costs for this decision is ______.

Question

Quizplus · Accepted Answer

Opportunity cost refers to the benefits or value that one misses out on when choosing one alternative over another. In this case, by leaving her position, Robin misses out on the potential for an internal promotion, which is a future opportunity she foregoes.

Robin Makes a Decision to Leave Her Position as a Copy