Cameron can spend the afternoon playing golf,driving his boat,or cleaning his house.Although he enjoys golf,he sometimes becomes frustrated when playing.He decides to enjoy a more relaxing afternoon on his boat.Cameron never thought about cleaning the house but did give golf some serious consideration.Cameron's opportunity cost of taking his boat out was:

Question

Quizplus · Accepted Answer

The opportunity cost of taking his boat out would be the enjoyment he would have gotten from playing golf. This means that by choosing to spend the afternoon on his boat, Cameron has given up the opportunity to enjoy playing golf. Therefore, the best choice would be to play golf if his frustration can be managed or to enjoy a relaxing day on the lake if he really wants to avoid frustration altogether.

Cameron Can Spend the Afternoon Playing Golf,driving His Boat,or Cleaning