Choice and Opportunity Cost This paper considers the meaning of choice and opportunity costs, or what you have to give up to take advantage of an opportunity, or as the highest-valued alternative that has to be given up when a choice is made, using several examples to show the opportunity costs for different choices made and so suggesting how to determine opportunity costs for other choices. Pages: 3 Bibliography: 0 source(s) listed Filename: 16342 choice opportunity costs.doc Price: 26.85