Multiple Choice
To earn summer money,Joe could mow lawns in his neighborhood,or he could work at a local grocery store.Which of the following is an opportunity cost of mowing lawns?
A) Cash paid for gas to run the lawnmower.
B) The time spent mowing the lawns.
C) The wages he could have earned working at the grocery store.
D) Depreciation on the lawnmower.
Correct Answer:
Verified
Correct Answer:
Verified
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