Find other quizzes for life skills and more on quizizz for free! Smart shopping and ways to pay quiz on module 2 and 3. Terms in this set (10) opportunity cost.

Webselect the answer that best describes opportunity cost: The amount of money you put into savings every year. Spending that is based on the purchase decisions you make. Webstudy with quizlet and memorize flashcards containing terms like opportunity cost, need, want and more. What you give up as a result of choosing one option versus another;. There is only one correct answer per question. The cost for one unit of an item.

What you give up as a result of choosing one option versus another;. There is only one correct answer per question. The cost for one unit of an item. Please make sure you read each question.