Solved

Angelina, Age Seven, Decides to Dress Up Like Princess Fiona

Question 7

Multiple Choice

Angelina, age seven, decides to dress up like Princess Fiona for Halloween. What is the opportunity cost of her decision?


A) the cost of the costume
B) the fact that she can't dress up like Dora the Explorer, her second choice
C) zero, because seven-year-olds don't have opportunity costs
D) the cost of the Lady Gaga costume which she did not want

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: Suppose that your tuition to attend college

Q4: According to the possible trade-off example between

Q5: Suppose that you own a house. What

Q8: You rent a DVD of The Dark

Q9: You have an hour between your economics

Q10: Table 2.1
Table 2.1 </p></div><svg width=

Q11: Table 2.1
Table 2.1 </p></div><svg width=

Q12: The sacrifices made by societies in order

Q19: The opportunity cost of something is
A) the

Q104: The principle that the cost of something

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents