Multiple Choice
You can spend $100 on either a new economics textbook or a new CD player. If you choose to buy the new economics textbook, the opportunity cost is:
A) $100.
B) your enjoyment of the new CD player.
C) both the $100 and your enjoyment of the new CD player.
D) impossible to determine.
Correct Answer:
Verified
Correct Answer:
Verified
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