38 (06.01 MC)
You want to buy a new cell phone that costs $80 and two new video games that cost $40 each, but you do
the opportunity costs involved in your purchase decision?
O If you buy a new cell phone, your opportunity cost is the money you spend to purchase the phone.
O If you buy two new games, your opportunity cost is the money you spend to purchase the games.
O If you buy a new cell phone, your opportunity cost is the time you could spend talking on the phone.
O if you buy two new games, your opportunity cost is the time you could spend talking on the phone.
Question 20(Multiple Choice Worth 3 points)