Business, 07.10.2019 00:50 Jaylen52709

What is the opportunity cost in this scenario?

a.)[gretchen earned $500 from her summer job].| b.)[ she made a list of things that she wants to do with the money she earned.] she thought of spending $100 to buy a guitar amplifier, enrolling in a ballet class for $200, buying new clothes worth $100, and giving her mom a silver necklace worth $100. |c.)[when she went to buy the amplifier, she found it cost around $150.] she knew that she couldn’t change the fee for the dance classes. so she had to adjust the budget for her clothes or her mom’s gift.| d.)[in the end, she decided she would buy one pair of jeans instead of the two pairs of jeans she had planned.]

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What is the opportunity cost in this scenario?

a.)[gretchen earned $500 from her summer...

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