Multiple Choice
The opportunity cost for Jeremiah of going to a water park is
A) the price of the admission pass.
B) zero,if he can go with his parents who will pay.
C) zero,if it is raining that day and the water park is closed.
D) the price of the admission pass plus the highest valued alternative activity Jeremiah could have done instead.
E) the highest valued alternative activity Jeremiah could have done instead.
Correct Answer:
Verified
Correct Answer:
Verified
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