hi guys.</p>
i was studyign ap macro and i wanted to know how do u calculate the oppurtunity cost?</p>
Oppurtunity cost is not calculated. It is perceived from looking at a situation…</p>
For example, I am presented with the following situation:
I can either go to sleep and feel well rested, or study for my French test tomorrow and do well on that. The opportunity cost of sleeping is failing my French test, whereas the opportunity cost of studying for French is being very tired tomorrow.</p>
You see?</p>