ECONOMICS (CBSE/UGC NET)

ECONOMICS

OPPORTUNITY COST

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
You have $10 to spend at the concession stand at the movies. The popcorn is $6, chocolate is $3, gum is $3, candy is $5, and the soda is $4. You really want popcorn, chocolate, and a soda, but you can’t afford all 3. You decide to buy the popcorn and a soda. Which of these would be your opportunity cost?
A
Popcorn
B
Chocolate
C
Gum
D
Candy
Explanation: 
There is 1 question to complete.