The opportunity cost of a purchase is: a. the selling price of ...

[mydiamond]

The opportunity cost of a purchase is:
 a. the selling price of the good or service.
  b. zero if the good or service satisfies a need.
  c. greater for persons who are rich.
  d. the good or service given up for the good or service purchased.

Question 2

Opportunity cost is the:
 a. cost incurred when one fails to take advantage of an opportunity.
  b. price paid for goods and services.
  c. cost of the best option forgone as a result of choosing an alternative option.
  d. undesirable aspects of an option.

[Zebsrer]

Answer to Question 1

d

Answer to Question 2

c