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 hamburger. John's opportunity cost of buying the pizza is
A) the hot dog.
B) the hamburger.
C) both the hot dog and the hamburger.
D) whichever alternative, the hot dog or the hamburger, has the next highest value to John.
Correct Answer:
Verified
Correct Answer:
Verified
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