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Jen Won $900 in a Lottery

Question 20

Multiple Choice

Jen won $900 in a lottery. She has a choice between using the money to buy a sofa, a television, or going on a vacation. If she chooses to buy a television, the opportunity cost of this decision is


A) zero because she won the money.
B) the sofa if that was her second choice.
C) the sofa and the vacation trip.
D) the sofa, the vacation trip, and $900.

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