Table 2.1
$$\begin{array}{l}
\text { Table } 2.1\
\begin{array} { | l | l | l | l | l | l | }
\hline \text { Item } & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { D } & \mathrm { E } \
\hline \text { Movie } & \$ 0 & \$ 10 & \$ 20 & \$ 30 & \$ 40 \
\hline \text { Restaurant } & \$ 40 & \$ 30 & \$ 20 & \$ 10 & \$ 0 \
\hline
\end{array}
\end{array}$$
-Refer to Table 2.1. You can spend $40 on going to the movies or eating at a restaurant, or both. What is the opportunity cost of Option D?

Question

Table 2.1
 $$\begin{array}{l}
\text { Table } 2.1\
\begin{array} { | l | l | l | l | l | l | } 
\hline \text { Item } & \mathrm { A } & \mathrm { B } & \mathrm { C } & \mathrm { D } & \mathrm { E } \
\hline \text { Movie } & \$ 0 & \$ 10 & \$ 20 & \$ 30 & \$ 40 \
\hline \text { Restaurant } & \$ 40 & \$ 30 & \$ 20 & \$ 10 & \$ 0 \
\hline
\end{array}
\end{array}$$
-Refer to Table 2.1. You can spend $40 on going to the movies or eating at a restaurant, or both. What is the opportunity cost of Option D?

Quizplus · Accepted Answer

Option D is spending $30 on the movie and $10 on the restaurant. The opportunity cost of Option D is what you give up by choosing it. In this case, you give up the other options available, which are spending $40 on either the movie or the restaurant. 
The opportunity cost of $30 in terms of restaurant means that you could have spent $30 on the restaurant instead of $10, and the opportunity cost of $10 in terms of movies means you could have spent $10 more on the movie instead of spending $30. Therefore, the total opportunity cost of Option D is $30 in terms of the restaurant and $10 in terms of movies. 
The best choice(s) would be to either choose Option A or Option E because you do not have any opportunity cost in these options.

Table 21 -Refer to Table 2