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How Are Changes in Opportunity Cost Related to Decision-Making Behavior

Question 136

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How are changes in opportunity cost related to decision-making behavior?


A) The lower the opportunity cost of doing activity X,the more likely activity X will be done.
B) The higher the opportunity cost of doing activity X,the more likely activity X will be done.
C) Changes in the opportunity cost play no role in decision making.
D) The lower the opportunity cost of doing activity Y,the more likely activity X will be done.
E) The higher the opportunity cost of doing activity Y,the less likely activity X will be done.

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