Multiple Choice
John has two hours of free time this evening. He ranked his alternatives, first go to a concert, second go to a movie, third study for an economics exam, and fourth answer his email. What is the opportunity cost of attending the concert for John?
A) Attending a movie
B) Answering his email
C) Studying for an economics exam
D) Going to the concert because that is what John chose to do
E) Attending a movie, studying for an economics exam, and answering his email
Correct Answer:
Verified
Correct Answer:
Verified
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