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Sublight2097 Sublight2097
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Posts: 4132
8 years ago
Henry David Thoreau faced a choice: Stay in the village of Concord or move out to Walden Pond. He decided to move to Walden. What was his" opportunity cost"?
A) There was no opportunity cost if he didn't pay rent for his cabin on Walden Pond.
B) The satisfaction he would have enjoyed were he to stay in Concord
C) The sweat and toil of building his own cabin and living off the land at Walden Pond
D) There was no opportunity cost, because he made a free and voluntary decision to live the way he preferred to live.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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8 years ago
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Sublight2097 Author
wrote...
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
8 years ago
Happy to assist!
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