Multiple Choice
Jack must decide whether to go skiing or work on the weekend.He decides to go skiing, which costs him $500.His opportunity cost of going skiing is:
A) the number of hours needed to earn money to pay for the ski trip
B) what else he could have done with his time if he was neither skiing nor working
C) the danger that he will get injured while skiing
D) how much he could have earned if he worked instead
Correct Answer:
Verified
Correct Answer:
Verified
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