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Opportunity Cost Challenge

Froggy Jumps

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About this activity

Choose the cost of forgoing the next best option.

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Opportunity Cost Challenge
 

Froggy Jumps

Opportunity Cost ChallengeOnline version

Choose the cost of forgoing the next best option.

by Eby Bastari
1

What is opportunity cost?

2

If you spend $5 on coffee instead of saving, what is the opportunity cost?

3

A student studies math instead of literature. Opportunity cost is:

4

Which scenario best illustrates opportunity cost?

5

If a farmer uses land for corn instead of soybeans, the opportunity cost is:

6

Opportunity cost affects decisions because:

7

An investor chooses bonds over stocks. The opportunity cost is:

8

Which is true about opportunity costs?

9

If you skip dinner to finish a project, the opportunity cost is:

10

A firm must decide between two projects. Opportunity cost is:

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