You Have $1 to Spend on a Vending Machine Snack

question 153

Multiple Choice

You have $1 to spend on a vending machine snack.A bag of chips will cost you $1 and a candy bar will also cost you $1.If you choose the bag of chips,the opportunity cost of buying the chips is:

• A)$1 plus the enjoyment you would have received from the candy bar.
• B)$2 minus the enjoyment you received from the bag of chips.
• C)$1.
• D)the enjoyment you would have received from the candy bar.

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