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*ECONOMICS*

What is the opportunity cost in the following scenario?

To finish furnishing her new apartment, Carlisha needed a couch, a table, and a new stereo system to replace her old stereo system. The couch she wanted cost $350, the table cost $100, and the new stereo system was $200. She had $500 to spend. She decided to buy the couch and the table, and keep her old stereo system.

A. couch B. table C. new stereo system D. old stereo system

User Danilonet
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1 Answer

5 votes
C. new stereo system
User Sjlee
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