In St. Bobo, the government decided to build a bridge instead of a Hospital. The opposition said the hospital should have been built first.
What is the opportunity cost of building the bridge?

Opportunity cost refers to an alternative or an activity that is lost, forgone, or given up when another alternative or activity is chosen.

From the question, the opportunity cost of building the bridge is the hospital.

This is because the hospital is the alternative activity that will be given up, while the bridge will be chosen and built.

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In St. Bobo, the government decided to build a bridge instead of a Hospital. The opposition said the hospital should have been built first. What is the opportunity cost of building the bridge?

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What is the meaning of opportunity cost?

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In St. Bobo, the government decided to build a bridge instead of a Hospital. The opposition said the hospital should have been built first.
What is the opportunity cost of building the bridge?