Question

A sports collector is considering the purchase of either a football jersey or an autographed baseball. If the collector chooses to purchase the jersey, what is the opportunity cost?(1 point)%0D%0AResponses%0D%0A%0D%0AThe cost of the baseball%0D%0AThe cost of the baseball%0D%0A%0D%0AThe cost of the football jersey%0D%0AThe cost of the football jersey%0D%0A%0D%0AThe net value of baseball to the collector%0D%0AThe net value of baseball to the collector%0D%0A%0D%0AThe net value of the jersey for the collector

Answer 1

The opportunity cost of purchasing the football jersey is the net value of the baseball to the collector.