If Domino's Pizza pays $3 per pound for cheese,then the $3 represents the producer's _____

Name: If Domino's Pizza pays $3 per pound for cheese,then the $3 represents the producer's _____
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Question

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The opportunity cost is the value of the next best alternative that was given up in order to make a particular choice. In this case, the opportunity cost of using the cheese for pizza is the $3 per pound that Domino's Pizza could have earned by selling the cheese to someone else.

If Domino's Pizza Pays $3 Per Pound for Cheese,then the $3