Answered

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Opportunity cost exists because of
OA. scarcity.
OB. greed.
OC. self-interest.
OD. poverty.

Sagot :

GinnyAnswer

Final answer:

Opportunity cost is the value of the best alternative forgone due to scarcity in resources.


Explanation:

Opportunity cost is the value of the best alternative forgone in making any choice, and it exists due to scarcity in resources. When resources are limited, individuals, firms, and societies must make decisions that involve trade-offs and considering opportunity costs.


Learn more about opportunity cost and scarcity here:

https://brainly.com/question/30474516


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