Use the table How Pam Likes to Spend Her Time. Pam's preferences are ranked 1 to 4 from her favorite activity (1) to her least favorite activity (4). What is her opportunity cost of going to dinner with friends?

What is the opportunity cost of going to dinner with friends?
A) the value that she puts on going to the gym
B) the value of all of the other options combined
C) the value that she puts on washing her car
D) the value that she puts on going to swim meets

Question

Use the table How Pam Likes to Spend Her Time. Pam's preferences are ranked 1 to 4 from her favorite activity (1) to her least favorite activity (4). What is her opportunity cost of going to dinner with friends?
​
 What is the opportunity cost of going to dinner with friends?
A) the value that she puts on going to the gym 
B) the value of all of the other options combined 
C) the value that she puts on washing her car 
D) the value that she puts on going to swim meets

Quizplus · Accepted Answer

The Answer of Use the table How Pam Likes to Spend Her Time. Pam's preferences are ranked 1 to 4 from her favorite activity (1) to her least favorite activity (4). What is her opportunity cost of going to dinner with friends?
​
 What is the opportunity cost of going to dinner with friends?
A) the value that she puts on going to the gym 
B) the value of all of the other options combined 
C) the value that she puts on washing her car 
D) the value that she puts on going to swim meets

Use the Table How Pam Likes to Spend Her Time