Multiple Choice
Suppose that, instead of taking this test, you could either have worked and earned income or partied and had a pleasurable time. Your opportunity cost of taking the test is the
A) forgone party.
B) forgone working and partying.
C) test because you are taking it.
D) forgone working or partying, depending on which was your next best choice.
E) forgone work.
Correct Answer:

Verified
Correct Answer:
Verified
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