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Title: Suppose a consumer is torn between buying a Chevy Tahoe or a Ford Expedition, each selling for $30,0 Post by: Sublight2097 on Jun 20, 2015 Suppose a consumer is torn between buying a Chevy Tahoe or a Ford Expedition, each selling for $30,000. He eventually decides on the Tahoe. What's his opportunity cost?
A) $30,000 B) $30,000 plus taxes, tags, insurance, etc. C) The satisfaction he would have experienced owning the Ford Expedition D) The frustration he will face owning the Chevy Tahoe E) B, C, and D above. Title: Re: Suppose a consumer is torn between buying a Chevy Tahoe or a Ford Expedition, each selling for $ Post by: Chimelo46 on Aug 24, 2015 Content hidden
Title: Re: Suppose a consumer is torn between buying a Chevy Tahoe or a Ford Expedition, each selling for $30,0 Post by: Sublight2097 on Aug 31, 2015 My mind was going in all different directions trying to figure this one out. Thanks so much.
Title: Re: Suppose a consumer is torn between buying a Chevy Tahoe or a Ford Expedition, each selling for $30,0 Post by: Chimelo46 on Aug 31, 2015 The textbook reference in your signature really helped me narrow it down.
Happy to help ;) |