Solved

The Opportunity Cost of Going to a Movie Is

Question 55

Multiple Choice

The opportunity cost of going to a movie is


A) the price of the movie
B) number of hours you spend watching the movie
C) expected gains you experience by watching the movie
D) the next best alternative that must be sacrificed in order to go to the movie
E) expected gains minus the expected cost of the movie

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents