Suppose the prices of a pair of jeans,a shirt,and a tie are $30,$20,and $10,respectively.Which of the following statements is true in this context?
A) The opportunity cost of buying a pair of jeans is 2 ties.
B) The opportunity cost of buying a tie is 3 pairs of jeans.
C) The opportunity cost of buying a tie is 2 shirts.
D) The opportunity cost of buying a shirt is 2 ties.
Correct Answer:
Verified
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