Which of these is the most likely opportunity cost of choosing to play a board game rather than going to the movies?
(1 point)
Responses
being able to visit with friends
being able to visit with friends
spending money on the board game
spending money on the board game
being able to see a new movie
being able to see a new movie
spending money on the movie tickets
1 answer
The most likely opportunity cost of choosing to play a board game rather than going to the movies is being able to see a new movie.
Opportunity cost is the value of the next best alternative that you give up when making a choice, in this case, the experience of watching the movie.
