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greygoose487Lv1
4 Jun 2019
The local Taco Hut charges the same price for everything on its menu: $3 will buy a taco, a burrito, or nachos. You buy the taco and think that if you had not purchased the taco, you would have purchased the burrito. The opportunity cost of the taco is:
(a) the $3.
(b) the burrito.
(c) the $3 and the burrito.
(d) the $3, the burrito, and the nachos.
(e) none of the above.
The local Taco Hut charges the same price for everything on its menu: $3 will buy a taco, a burrito, or nachos. You buy the taco and think that if you had not purchased the taco, you would have purchased the burrito. The opportunity cost of the taco is:
(a) the $3.
(b) the burrito.
(c) the $3 and the burrito.
(d) the $3, the burrito, and the nachos.
(e) none of the above.
2 Jun 2021