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OPPORTUNITY COST

When you make a decision, the most valuable alternative you give up is your OPPORTUNITY COST

There is an opportunity cost
 to every decision.

Example: Harlan wants to purchase a basketball and a football. He only has enough money for one item. If he chooses the basketball, his opportunity cost is the football. Remember, the money you pay for a good or service is not your opportunity cost.

LITERATURE CONNECTION
KEP Opportunity Cost

How to Get Posters

You can use the literature books below to help teach about OPPORTUNITY COST. Click on the book cover or the title below to obtain information on the book as well as guided questions you can use with your students. Some books are no longer available from the publishers, but we still include title information and Lessons as you might have them in your school or public library or possibly in your classrooms.

Cover

Title

Author

Erandi's Braids

Erandi's Braids

Antonio Hernandez Madrigal

Mailing May

Mailing May

Tunnell, Michael O.

Tops and Bottoms

Tops & Bottoms

Stevens, Janet