For this assignment, please review both the excerpt from the textbook on mergers and an article from the New York Times titled, "T-Mobile Closes Merger With Sprint, and a Wireless Giant Is Born" and make two substantive annotations, comments, and/or questions about a specific part of the textbook and article.
The above passage discusses the idea of opportunity cost. Earlier in the passage, the term opportunity cost was defined as the value of the best alternative choice that was forfeited whenever a choice was made. In the above passage, the example given defines “what you would have chosen” as the opportunity cost of reading the chapter. This must assume that the single alternative that would have been chosen must be the best alternative given the list of alternatives, and it must also assume that the choice of reading the chapter was in fact the “best” choice out of all the possible choices for that given person.
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