Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
$100, which is the money she could have earned at the café
B
The experience and satisfaction from volunteering
C
The time spent volunteering instead of relaxing at home
D
The skills she could learn at the café
Understanding the Answer
Let's break down why this is correct
Answer
Opportunity cost is the value of what you give up when you make a choice. In Maria's case, if she decides to volunteer at the animal shelter instead of working at the café, she is giving up the $100 she could have earned. This means the opportunity cost of volunteering is $100, as that is the money she could have made if she had chosen to work. By understanding opportunity cost, Maria can better evaluate her options and make a decision that aligns with her goals and values. For example, if she values helping animals more than earning money, she might feel that the opportunity cost is worth it.
Detailed Explanation
The opportunity cost is what you give up when you make a choice. Other options are incorrect because Some might think the good feelings from volunteering are the cost; People might confuse time with money.
Key Concepts
Opportunity Costs
Choice and Trade-offs
Resource Allocation
Topic
Calculating Opportunity Costs
Difficulty
easy level question
Cognitive Level
understand
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