Question: The option to work or take a vacation has several components. When choosing between those options, the opportunity costs may include Rest can sometimes be
The option to work or take a vacation has several components. When choosing between those options, the opportunity costs may include Rest can sometimes be more important than money, so missing out on the paycheck is an opportunity cost of the vacation, but the missed rest and relaxation is an opportunity cost of choosing to work These options do not have opportunity costs, since they are independent of each other The financial loss of missing work is more important as an opportunity cost so work should take prority
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