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. For each of the following, describe some potential opportunity costs: a. Doing this homework assignment....

. For each of the following, describe some potential opportunity costs: a. Doing this homework assignment. b. Binging every episode of the Office over four straight days and nights. c. You decide to go graduate school after you complete your Bachelor's degree at Dominican.

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Answer #1

a. Potential opportunity cost for doing homework assignment can be sleeping, going to the beach, watching a movie etc.

b. Potential opportunity cost for binging the office can be studying, work, sleeping etc.

c. Potential opportunity cost for completing Bachelor's can be the job earnings, learning someother skill, investing the tuition fee etc. .

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