Multiple Choice
Suppose you have an hour before your next class starts.You can either read a book, get something to eat, or take a nap.The opportunity cost of getting something to eat is
A) the cost of what you eat
B) the value of reading and sleeping
C) the loss of value from not reading or sleeping
D) the net benefit of sleeping for another hour
E) impossible to determine because the most preferred alternative is not known
Correct Answer:
Verified
Correct Answer:
Verified
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