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On Saturday Morning, You Rank Your Choices for Activities in the Following

Question 166

Multiple Choice

On Saturday morning, you rank your choices for activities in the following order: go to the library, work out at the gym, have breakfast with friends, and sleep late. Suppose you decide to go to the library. Your opportunity cost is


A) zero because you do not have to pay money to use the library.
B) working out at the gym.
C) not clear because not enough information is given.
D) working out at the gym, having breakfast with friends, and sleeping late.

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