Magdalena decides to plant some fresh flowers in her garden. A. The opportunity cost of Magdalena's decision is the time she could have spent on other activities. B. The opportunity cost of Magdalena's decision is the cost of the flowers and pots. C. The opportunity cost of Magdalena's decision is the cost of all the other flowers and pots that she could have used. D. A and B only. E. None of the above.
Magdalena decides to plant some fresh flowers in her garden. A. The opportunity cost of Magdalena's decision is the time she could have spent on other activities. B. The opportunity cost of Magdalena's decision is the cost of the flowers and pots. C. The opportunity cost of Magdalena's decision is the cost of all the other flowers and pots that she could have used. D. A and B only. E. None of the above.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Magdalena decides to plant some fresh flowers in her garden.
The opportunity cost of Magdalena's decision is the time she could have spent on other activities.
The opportunity cost of Magdalena's decision is the cost of the flowers and pots.
The opportunity cost of Magdalena's decision is the cost of all the other flowers and pots that she could have used.
A and B only.
None of the above.
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