Multiple Choice
Suppose there are only three alternatives to attending a "free" social event: read a novel (you value this at $10) ,go to work (you could earn $20) ,or watch videos with some friends (you value this at $25) .The opportunity cost of attending the social event is
A) $10.
B) $20.
C) $25.
D) $45.
E) $55.
Correct Answer:
Verified
Correct Answer:
Verified
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