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Opportunity cost

Can opportunity cost be negative? If so in what situation will it be negative?

asked Mar 13, 2016 in General by Feba Rajeev (71 points) 41 views

1 Answer

0 votes
According to me Opportunity Cost cannot be negative because by definition Opportunity Cost means the benefits foregone to pursue the present alternative (decision).  Simply stated Opportunity Cost means the amount of benefit which would have been received if the second best alternative was pursued.  How can any benefit be negative?
answered Mar 13, 2016 by jbsclasses (3,969 points)