Multiple Choice
John chose to buy a pizza. If he had not bought the pizza, he would have bought either a hot dog or a burger. John's opportunity cost of buying the pizza is:
A) the hot dog
B) the burger
C) both the burger and the hot dog
D) whichever alternative, the hot dog or the burger, has the next highest value to John
Correct Answer:
Verified
Correct Answer:
Verified
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