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seeb1999 seeb1999
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Posts: 480
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4 years ago
Angelina, age seven, decides to dress up like Princess Fiona for Halloween. What is her opportunity cost of this decision?

▸ zero, because seven-year-olds don't have opportunity costs

▸ the fact that she can't dress up like Dora the Explorer, her second choice

▸ the cost of the Lady Gaga costume which she did not want

▸ the cost of the costume
Textbook 
Macroeconomics: Principles, Applications and Tools

Macroeconomics: Principles, Applications and Tools


Edition: 7th
Authors:
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javiermorillajaviermorilla
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4 years ago
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