about cost

题目

about cost
谁能详细说明下opportunity cost和ture cost的区别啊?You were planning to spend Saturday working at your part-time job,but a friend asks
you to go skiing.What is the true cost of going skiing?Now suppose you had been
planning to spend the day studying at the library.What is the cost of going skiing in this
case?Explain.

答案

basically,opportunity cost equals the sum of true cost and the benefit of the second best choice.For example,in the first case,your true cost is just the transportation cost and the entry fees for ski...