Chapter 8 Building Blocks in Economics the Problem of Choice - Part 1

A student chooses to study instead of watching a movie. What is the opportunity cost?

Type: MCQ • Marks: 1
A student chooses to study instead of watching a movie. What is the opportunity cost?
Options
A. The student's marks
B. The cost of the textbook
C. The value of the movie experience forgone
D. The study time itself
Explanation
Explanation: The next best alternative sacrificed by studying is watching the movie.
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Class 9th Understanding Society India and Beyond, Part I

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