ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Savannah’s mother suggested that she was experiencing the consequences of her trade-off regarding a decision she made to purchase a dress for prom. Which situation does Savannah most likely find herself in for her mother to have made this comment?
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Savannah had shopped at several stores when she found the prom dress of her dreams and purchased it. She used the money she had saved for the prom dress PLUS most of the money she had saved for replacing the tires on her car. Now the tires need replacing and Savannah is short on the cash needed to do the job.
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Savannah had shopped at several stores when she found the prom dress of her dreams. She checked online and found a coupon that enabled her to save 30% when she returned to the store to purchase the dress.
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Savannah had shopped in several stores and found six prom dresses she liked a lot. After deliberation, she chose the dress that was the least expensive of the 3 she liked best.
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Savannah had shopped for her prom dress in the store her mother recommended. She found two dresses she liked a lot. Savannah purchased the one that was the most comfortable even though it cost $28 more than the other one.
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Explanation:
There is 1 question to complete.