Bisi needs a book costing N10.00 and a hat costing N10.00. If Bisi buys the book instead of the hat, the opportunity cost of his choice is the?
a
cost of the bok
b
cost of the hat
c
book
d
hat
e
N10.00
Explanation
Correct Option
bNo explanation available
Video Explanation
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Discussions (12)

hyzicpa3ck
11 years ago
D right answer is d the hat bcos option c is d money cost while d alternative forgone is d hat itself.reason wit me plzzzz!

Deepthinker581
4 years ago
Opportunity cost is the forgone benefit that would have been derived from an option not chosen
Choose wisely
The answer B is correct





