Multiple Choice
You have the choice of going on vacation to the Gold Coast for one week, staying at work for the week, or spending the week doing fix- up projects around your house. If you decide to go to the Gold Coast, the opportunity cost of the trip is
A) nothing because you will enjoy the trip to the Gold Coast.
B) working and doing fix- up projects.
C) working or doing fix- up projects, depending on which you would have done otherwise.
D) working, because you would be giving up dollars.
Correct Answer:
Verified
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