Sail E0 Webinar
Question
The opportunity cost of watching television is:
Options:
A .  all of the alternative programs that appear on other stations.
B .  zero because there is no money expenditure involved.
C .  the alternative use of the time foregone by watching the program.
D .  zero if it benefits you
Answer: Option C
:
C
The opportunity cost here is the time foregone by watching the television.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers