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 all that apply. (1 point) Responses the sun hat the sun hat the towel the towel the magazines the magazines the bathing suit.

Answer 1

If Maria decides to purchase the sun hat (for $8.00) and the beach towel (for $7.00), the total cost of her purchase would be $15.00. Since she is spending her entire available budget of $20.00 on these items, the opportunity cost would be what she has to give up to make that purchase.

The items Maria would be giving up are:

• The magazines (which cost $8.00)
• The bathing suit (which costs $15.00)

So, the opportunity cost of purchasing the sun hat and beach towel includes:

1. The magazines
2. The bathing suit

Thus, the correct responses would be:

• the magazines
• the bathing suit