1. You own the video game Grand Theft Auto V. The opportunity cost of playing this game for the second time a. is zero b. is one-half the cost of the game, as this is the second time you have played it. c. is the value of the alternative use of the time you spend playing the game. d. cannot be calculated.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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1. You own the video game Grand Theft Auto V. The opportunity cost of playing this
game for the second time
is zero
a.
b. is one-half the cost of the game, as this is the second time you have played it.
c. is the value of the alternative use of the time you spend playing the game.
d. cannot be calculated.
Transcribed Image Text:1. You own the video game Grand Theft Auto V. The opportunity cost of playing this game for the second time is zero a. b. is one-half the cost of the game, as this is the second time you have played it. c. is the value of the alternative use of the time you spend playing the game. d. cannot be calculated.
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