Which of the following is not part of the opportunity cost of going on holiday? The money you:
A) Spent on a theatre show
B) Could have made if you had stayed at home and worked
C) Spent on airline tickets
D) Spent on another opportunity

Question

Quizplus · Accepted Answer

The opportunity cost of going on holiday includes the cost of the theatre show, the potential income lost from not working, and the cost of airline tickets. Option D suggests that money was spent on another opportunity, which means it is already accounted for in the opportunity cost.

Which of the Following Is Not Part of the Opportunity