You are at a restaurant deciding if you would like some dessert after the meal. The dinner is over so you do not want anything else but the dessert. The opportunity cost of getting the dessert would include
a. Nothing, because you are already there
b. Another round of appetizers possibly
c. Anything else you could buy
d. None of the above
Question 2
You are the owner of an art supply store, selling both paint and paintbrushes. In order to maximize total sales you should
a. Decrease the price on the paint only
b. Decrease the price on paintbrushes only
c. Decrease the price on both the paint and the paintbrushes
d. Increase the price on both the paint and the paintbrushes
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