Opportunity Cost School Store
Type your name in the box below. You are given $3.00 to spend at the school store today. What do you buy? Make a list of some things you bought at the school store today. Remember you only have $3.00 to spend. Did you buy a pencil sharpener, pens, pencils, erasers, or highlighters? Every time you spend money, you give up something else that you could have bought. This is called your OPPORTUNITY COST. What is one thing you could have bought if you didn't spend your money on the items you listed above?