Which of the following sayings best reflects the concept of opportunity cost?
A) "You can't teach an old dog new tricks."
B) "Time is money."
C) "I have a baker's dozen."
D) "There's no business like show business."

Question

Quizplus · Accepted Answer

"Time is money" reflects the concept of opportunity cost because it implies that time spent on one activity could have been used to earn money or achieve something else, highlighting the trade-offs involved in decision-making.

Which of the Following Sayings Best Reflects the Concept of Opportunity