Suppose You Take a Trip During the Mid-Semester Break

Multiple Choice

Suppose you take a trip during the mid-semester break.To determine the benefit of taking the trip,you

A) must measure what the trip is worth to you and then subtract the cost of the trip.
B) calculate the opportunity cost of the trip.
C) measure what you are willing to give up to take the trip.
D) calculate the value of the next best alternative forgone.
E) determine the sunk cost of taking the trip.