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

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Explanation

Correct Option
b

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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!

itzudemzy
9 years ago

the answer is the hat

Titilayo3491
9 years ago

myschool pls make some correction. d and is hat pls.

Titilayo3491
9 years ago

myschool pls make some correction. d ans is hat pls.

midasclub
7 years ago

@myschool.... opportunity cost is a cost itself...so d ansa is the hat

Dammy1.com
1 year ago

The answer is D

PuertoSans
9 years ago

The opportunity cost is the hat.

Mhiz Paiqe Vhikky
10 years ago

the answer is the hat

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

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