Maria goes on a shopping trip to get ready for her vacation. She loads her cart with a bathing suit for $15.00, a sun hat for $8.00, magazines for $8.00, and a beach towel for $7.00. When she gets to the register, she realizes she only has $20.00 in her pocket.

Question

Use the passage to answer the question.

If Maria decides to purchase the sun hat and towel, what is the opportunity cost of her purchase? Select the two correct answers.

(1 point)
Responses

The sun hat

The sun hat

the towel

the towel

the magazines

the magazines

the bathing suit

Answer 1

The opportunity cost of Maria's purchase refers to what she is giving up in order to buy the sun hat and the beach towel.

If she decides to purchase the sun hat ($8.00) and the beach towel ($7.00), she will spend a total of $15.00.

Based on the available options, the opportunity cost of purchasing the sun hat and towel is the magazines ($8.00) because she can't buy them with the remaining money, as well as the bathing suit ($15.00) because it is another item she cannot buy with her budget.

Therefore, the correct answers are:

• The magazines
• The bathing suit