Some people find the idea of opportunity cost extremely discouraging: imagine spending your entire life calculating whether your time would be better spent elsewhere doing something more profitable or enjoyable. Yet, in a sense it's human nature to do precisely that—we assess the advantages and disadvantages of decisions all the time.
In the business world, a popular phrase is “value for money”.People want their cash to go as far as possible. However, another is fast obtaining an advantage:“value for time”. The biggest restriction on our resources is the number of hours we can devote to something, so we look to maximize the return we get on our investment of time. By reading this passage you are giving over a bit of your time which could be spent doing other activities, such as sleeping and eating. In return, however, this passage will help you to think like an economist, closely considering the opportunity cost of each of your decisions.
58.According to the passage, the concept of “opportunity cost” is applied to
________.
A.making more money
B.taking more opportunities
C.reducing missed opportunities
D.weighing the choice of opportunities
59.The “leftover…time” in Paragraph 3 probably refers to the time
________.
A.spared for watching the match at home
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