Multiple Choice
In 2003, Michael Jordan decided to retire from professional basketball.Which of the following was an opportunity cost of his decision?
A) the lost salary from playing one more year
B) the time he could spend with his family while retired
C) the avoidance of pain and injury from playing one more year
D) the value of new employment opportunities that would await him
E) Both answers A and B are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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