Solved

The Opportunity Cost Associated with the Money Spent on a Domed

Question 42

Multiple Choice

The opportunity cost associated with the money spent on a domed stadium for Toronto is:


A) the dollar value of the cost of construction.
B) other goods and services that must be sacrificed in order to build the stadium.
C) the loss of government revenue used for the stadium.
D) not relevant since the stadium will bring in tourist dollars to the City of Toronto.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions