Lee accepts a contract to photograph a wedding on Saturday for $1000. She cancels plans to go to the zoo with her friends instead. Her opportunity cost of photographing the wedding is:
A) the $1000 she earns
B) the enjoyment of spending the day with her friends at the zoo
C) the $1000 less the enjoyment she would have received from being at the zoo with her friends
D) nothing, as she wasn't going to earn any money at the zoo
Correct Answer:
Verified
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