Social Studies, 26.05.2021 19:50 alex7881

You want to buy a new cell phone that costs $80 and two new video games that cost $40 each, but you don't have enough money saved for all of it. Which of the following best describes the opportunity costs involved in your purchase decision? (3 points)

A: If you buy a new cell phone, your opportunity cost is the money you spend to purchase the phone.

B: If you buy two new games, your opportunity cost is the money you spend to purchase the games.

C: If you buy a new cell phone, your opportunity cost is the time you could spend talking on the phone.

D: If you buy two new games, your opportunity cost is the time you could spend talking on the phone.

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