What is the opportunity cost of sleeping late and missing a test that you can't make up?

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Allen Tapia

3 March, 14:41

What is the opportunity cost of sleeping late and missing a test that you can't make up?

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Tessa Frey · Answer 1

The opportunity cost of having a study time for a test is less sleep. However if you have a test and you can't make up for it, the opportunity cost would be the lost chance of keeping up with good grades if you are maintaining a high score. On the other hand, the opportunity cost of having more sleep is less study time.