During the Next Hour John Can Choose One of the Following

question 50

Multiple Choice

During the next hour John can choose one of the following three activities: playing basketball, watching television, or reading a book.The opportunity cost of reading a book

• A)is equal to the marginal benefit from reading the book.
• B)depends on how much the book cost when it was purchased.
• C)is the value of playing basketball if John prefers that to watching television.
• D)depends on how much John enjoys the book.
• E)is the value of playing basketball and the value of watching television.

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