Musa has a choice of buying a shirt, a book and a bag. What is the opportunity cost of buying a book?
a
A bag only
b
A book and a bag
c
A shirit and a bag
d
A shirit only
Explanation
Correct Option
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colikstan
3 years ago
A bag only. The opportunity cost are the things immediately after the satisfied want which is bag.
If he had bought a shirt the opportunity cost would then be book and bag