Which one of the following is not an opportunity cost of owning a house?
A)The mortgage payment made each month to own the house
B)The money you would receive from selling your house
C)The membership fee paid to join the neighborhood pool
D)The property taxes paid to the local government

Question

Quizplus · Accepted Answer

The membership fee paid to join the neighborhood pool is not an opportunity cost of owning a house as it is an additional expense that is not directly related to the ownership of the house. The other options listed are expenses that are associated with owning a house and represent trade-offs that the owner must make in order to own and maintain the property.

Which One of the Following Is Not an Opportunity Cost