Opportunity Cost
Flashcard
•
Other
•
3rd Grade
•
Practice Problem
•
Hard
SMITA CHATLANI
FREE Resource
Student preview
7 questions
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1.
FLASHCARD QUESTION
Front
Opportunity cost
Back
what you give up to make a choice
2.
FLASHCARD QUESTION
Front
What is scarcity?
Back
Not having enough resources
3.
FLASHCARD QUESTION
Front
What is the opportunity cost of the bakery's decision to make cookies instead of muffins?
Back
muffins
4.
FLASHCARD QUESTION
Front
What is the opportunity cost of the Welch family's decision to build a swimming pool instead of going on a vacation?
Back
vacation
5.
FLASHCARD QUESTION
Front
What is the opportunity cost of Emelia deciding to go to Chloe's house instead of seeing her favorite band?
Back
seeing her favorite band
6.
FLASHCARD QUESTION
Front
Max decides to study for his test instead of watching TV. What is the opportunity cost of his decision?
Back
watching TV
7.
FLASHCARD QUESTION
Front
What is the opportunity cost of building a new skate park instead of buying more computers for the public library?
Back
more computers
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