Multiple Choice
Which of the following is an example of opportunity cost?
A) The Chinese food that you gave up when you chose to eat Italian food.
B) The tuition that you pay to attend college.
C) For a professor of economics,the pleasure that he or she derives from teaching economics.
D) Sweets given up by a person who would never eat them even if he or she could.
E) The price paid for a ticket when you go to the movies.
Correct Answer:
Verified
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