You own American Sniper on DVD. The opportunity cost of watching this DVD for the fourth time
A) is zero, since you own it.
B) is one-fourth the cost of the DVD, as this is the fourth time you have watched it.
C) is the value of the alternative use of the time you spend watching the DVD.
D) must be the same as the opportunity cost of watching it the first time.

Question

Quizplus · Accepted Answer

The opportunity cost of watching American Sniper for the fourth time is the value of the alternative use of the time you spend watching the DVD. This means that if you could be doing something more valuable or productive with your time, the cost of watching the DVD is the value of that alternative activity. The fact that you own the DVD or that it is the fourth time you are watching it does not affect the opportunity cost.

You Own American Sniper on DVD