Answer :
Opportunity cost is what must be given up in order to gain something else. Opportunity cost forces consumers and producers to make choices.
The correct option is C.
Opportunity cost is what must be given up in order to gain something else. Opportunity cost forces consumers and producers to make choices.
What Is Opportunity Cost?
Opportunity costs represent the potential benefits that an individual, investor, or business misses out on when choosing one alternative over another. Because opportunity costs are unseen by definition, they can be easily overlooked.
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