ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You received $50 as a birthday gift and chose to spend it on new wallpaper for your room. The opportunity cost of this decision is:
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The price of the wallpaper you bought
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The other items you could have purchased with your $50
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The time you could have spent doing other things
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All of the above
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Explanation:
There is 1 question to complete.