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NYC NYC
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8 years ago
If you own a house and you decide to rent it to another person:
A) there is no opportunity cost of renting the house because you own it.
B) there is no opportunity cost of renting the house because you collect rent from your tenant.
C) there is an opportunity cost of renting the house because you could have chosen to live in it.
D) the only cost relevant to this decision is the price you paid for the house.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Good answer, thanks.
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