The opportunity cost of moving from point T to point Q would be
A)giving up trips around the world.
B)giving up heart transplants.
C)gaining trips around the world.
D)gaining heart transplants.

Question

Quizplus · Accepted Answer

The opportunity cost of choosing to move from point T to point Q is what you have to give up in order to make that choice. The only option listed that represents a significant sacrifice or cost is giving up trips around the world. Heart transplants are not relevant to the choice between T and Q, and gaining either trips or heart transplants does not represent a cost. Therefore, A is the best choice for the opportunity cost of moving from T to Q.

The Opportunity Cost of Moving from Point T to Point