Grade 4 · Social studies
Identify an opportunity cost practice
Identify the next-best option given up when a choice is made.
Opening your practice adventure…
Try a sample
Sam can visit a museum or a garden this afternoon. Sam chooses the garden. What is forgone?
- the museum visit
- the puzzle
- drawing
- the game
See the answer & why
the museum visit
The museum visit is the other available option.
A little hint: Opportunity cost is the best alternative forgone, not every possible alternative.
A teaching tip
Opportunity cost is the best alternative forgone, not every possible alternative.