You own the DVD boxed set of The Twilight Saga and have watched the films once already. The opportunity cost of watching them a second time
A) is half the price of the DVD boxed set, since this is the second time you have watched them.
B) is the value of the best alternative use of the time you spend watching the DVDs.
C) cannot be calculated.
D) is zero.
Correct Answer:
Verified
Q9: Macroeconomics is the branch of economics that
Q10: Economists define the rate of inflation as
Q11: The cut in VAT to tackle the
Q12: An example of a demand- side government
Q13: The total demand for goods and services
Q15: Assume that a firm can produce 6
Q16: Which of the following is part of
Q17: The additional cost of producing one more
Q18: A planned motorway connecting two cities was
Q19: Costs that cannot be avoided, regardless of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents