Apply the concept of opportunity cost (the forgone next best alternative) to personal choices, as well as business and government decisions.
Standard detail
SSEF1.d
Depth 2Parent ID: AACC0F7971694D50A5C088C0CCE880F7Standard set: Personal Finance and Economics (2021): Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- SSEF1.d
- Standard ID
- A544AB7D6A7C4715BA8E28A87B39C5D4
- ASN identifier
- S21428151
- Subject
- Social Studies (2016-)
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- AACC0F7971694D50A5C088C0CCE880F77151269EAD734CDFB864F6D41F21EDEB
- Source document
- Personal Finance and Economics (2021)