The opportunity cost of Maria choosing to go to the movies instead of buying a new video game is the new video game. This is because opportunity cost represents the value of the next best alternative that she did not choose.
Maria has $20. She can either buy a new video game or go to the movies with her friends. She chooses the movie.
What is Maria’s opportunity cost?(1 point)
Responses
The $20 she saved
The $20 she saved
The popcorn at the movies
The popcorn at the movies
The fun of hanging out with friends
The fun of hanging out with friends
The new video game
1 answer