Use this quote to answer the following question.I love eating cereal with milk for breakfast, but factories arent producing cereal anymore because of the war. Now, I can only eat toast for breakfast.-Susie Smith, 9 year old Georgia resident Which of the following economic concepts BEST describes Susies current situation?

OPPORTUNITY COST

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Use this quote to answer the following question.“I love eating cereal with milk for breakfast, but factories aren’t producing cereal anymore because of the war. Now, I can only eat toast for breakfast.”-Susie Smith, 9 year old Georgia resident Which of the following economic concepts BEST describes Susie’s current situation?

A	trade
B	price incentive
C	specialization
D	opportunity cost

Explanation:

There is 1 question to complete.

ECONOMICS (CBSE/UGC NET)

ECONOMICS

OPPORTUNITY COST