Managerial economics discussion 2 | Economics homework help

 
Each week, you will be asked to respond to the prompt or prompts in the discussion forum. Your initial post should be 300 or more words in length, respond to two additional posts from your peers. 
Opportunity Cost
Every decision has an Opportunity Cost due to the nature of scarcity, there is always a better alternative not chosen, therefore, there is always an opportunity cost. “The opportunity cost of an alternative is what you give up to pursue it” (Froeb, McCann,Shor