Figure 1.3 -Which of the Following Is an Example of Opportunity Cost

question 29

Multiple Choice

Figure 1.3

-Which of the following is an example of opportunity cost?

• A)The Chinese food that you give up when you choose to eat Italian food.
• B)The tuition that you pay to attend college.
• C)For a professor of economics, the pleasure that he or she derives from teaching economics.
• D)Sweets given up by a person who would never eat them even if he or she could.
• E)The price paid for a ticket when you go for a movie.