[Answer] Read the scenario.Ricardo works part time at his local computer store. One day his manager approaches him about moving from cashier to floor supervisor. Ricardo is excited because the promotion comes with a raise but the extra work hours would take away from time with his friends. In the end he decides to take the promotion.What is Ricardo’s opportunity cost?

Answer: Choosing the promotion over time with his friends.
Read the scenario.Ricardo works part time at his local computer store. One day his manager approaches him about moving from cashier to floor supervisor. Ricardo is excited because the …

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