"If I didn't have a date tonight, I would save $10 and spend the evening playing tennis." The opportunity cost of the date is
A) the other things that could be purchased with the $10.
B) the other things that could be purchased with the $10 plus the forgone value of a night of tennis.
C) dependent upon how pleasant a time one has on the date.
D) the forgone value of a night of tennis.

Question

Quizplus · Accepted Answer

The opportunity cost includes both the $10 that could be spent on other things and the value of the forgone activity, which is playing tennis.

"If I Didn't Have a Date Tonight, I Would Save