Opportunity cost would still exist if I mow the lawn instead of planting the garden.

Question

Quizplus · Accepted Answer

Opportunity cost is the value of the next best alternative forgone. In this case, if I choose to mow the lawn instead of planting the garden, the opportunity cost is the satisfaction or benefits that I could have gained if I had chosen to plant the garden instead. Therefore, opportunity cost still exists even if I choose to mow the lawn instead of planting the garden.

Opportunity Cost Would Still Exist If I Mow the Lawn