Which of the following best describes the opportunity cost of attending a free concert at the local coffee shop? O hanging out with your friends at the coffee shop during the concert the chance to play the latest video game alone in your dorm while you were at the concert O the amount of money a ticket would have cost if it were not free O the coffee you buy while attending the concert

Which of the following best describes the opportunity cost of attending a free concert at the local coffee shop? O hanging out with your friends at the coffee shop during the concert the chance to play the latest video game alone in your dorm while you were at the concert O the amount of money a ticket would have cost if it were not free O the coffee you buy while attending the concert

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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13_Economics