ECONOMICS (CBSE/UGC NET)

ECONOMICS

OPPORTUNITY COST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Yann bought a new bicycle for $350 but has never used it. The second hand value of the bicycle is $250. What is the opportunity cost to Yann of keeping the bicycle?
A
$0
B
$100
C
$250
D
$350
Explanation: 
There is 1 question to complete.