While falling prey to the seductive ways of Catwoman, Batman sacrifices the opportunity of protecting Gotham City from a crime spree initiated by the Joker. That foregone opportunity is a(n) ________ cost of (yet again) falling prey to Catwoman.

Question

Quizplus · Accepted Answer

The correct answer is D) implicit because the cost here is not directly spent or lost money but rather the opportunity cost of not being able to protect Gotham City from the Joker's crime spree while being distracted by Catwoman. Implicit costs are those that represent the loss of potential gain from other alternatives when one alternative is chosen.

While Falling Prey to the Seductive Ways of Catwoman, Batman