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Author Question: The opportunity cost of attending a movie is the purchase price of a ticket. a. True b. False ... (Read 107 times)

cherise1989

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on: Jun 30, 2018
The opportunity cost of attending a movie is the purchase price of a ticket.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The opportunity cost of producing a good or service is the good or service that is foregone by choosing to produce another good with the same resources in a given period of time.
 a. True
  b. False
  Indicate whether the statement is true or false


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alexanderhamilton

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


cherise1989

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Reply #2 on: Jun 30, 2018
Thank you :)


alexanderhamilton

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Reply #3 on: Jun 30, 2018
Happy to help you


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