The Opportunity Cost of Constructing a New Public Highway Is

Multiple Choice

The opportunity cost of constructing a new public highway is the

A) money cost of hiring contractors and construction workers for the new highway.
B) value of other goods and services that are sacrificed in order to construct the new highway.
C) expected cost of constructing the new highway in a future year.
D) value of shorter driving times and distances when the new highway is completed.