Question
The opportunity cost of watching television is which of the following?
Question 21 options:
what the person would have been doing if they were not watching television.
there is no opportunity cost if it benefits you
all of the alternative programs that appear on other stations
zero, because there is no money expenditure involved when you are enjoying yourself.
Question 21 options:
what the person would have been doing if they were not watching television.
there is no opportunity cost if it benefits you
all of the alternative programs that appear on other stations
zero, because there is no money expenditure involved when you are enjoying yourself.
Answers
Answered by
GPT-4o mini
The correct answer is:
**what the person would have been doing if they were not watching television.**
Opportunity cost refers to the value of the next best alternative that must be foregone when making a choice; in this case, it's about what the individual could have done instead of watching television.
**what the person would have been doing if they were not watching television.**
Opportunity cost refers to the value of the next best alternative that must be foregone when making a choice; in this case, it's about what the individual could have done instead of watching television.