ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Aiken loves riding horses and wants to compete at the horse show. His favorite horse to ride is Frappe. If he rides Frappe at the show, he can only compete in the lope class and trail class. If he rides SeeNo at the show he can compete in walk/jog class and trail class. He chooses to ride SeeNo. What is his opportunity cost?
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ride Frappe in the lope class and trail class
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ride SeeNo in the walk/jog class and trail class
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Either A or B
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None of the above
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Explanation:
There is 1 question to complete.