When I buy an $12.00 movie ticket rather than two paperback books, the opportunity cost of going to the movie is the two paperback books I did not buy.

Name: When I buy an $12.00 movie ticket rather than two paperback books, the opportunity cost of going to the movie is the two paperback books I did not buy.
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Quizplus · Accepted Answer

The opportunity cost of an action is what you give up to take that action; in this case, it's the two paperback books you could have bought instead of the movie ticket.

When I Buy an $12