Tim decides to spend an hour looking at cat videos on YouTube instead of going to the gym.The opportunity cost of him looking at cat videos is:
A) the improvement in his knowledge of the best cat videos on the internet
B) the fitness and fun he would have had at the gym
C) the money he would have spent on gym class
D) zero, since Tim chose to watch cat videos, prices must have adjusted to reflect his preference
Correct Answer:
Verified
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