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Your friend offers you a pencil or a T-shirt for your iced coffee. You chose the T-shirt because it had the highest?

A. opportunity cost.

B. demand.

C.scarcity.

D. benefit.

2 Answers

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When your friend offers you a pencil or a T-shirt for your iced coffee and you choice the T-shirt because it had the highest benefit. The correct answer is D. 
User Sekayi
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I believe the answer is: D. Benefit

Benefit refers to the positive value that you receive after making a certain amount of sacrifice. This concept could be used when you are choosing a product. Between pencil or t-shirt, t-shirt would definitely offer more benefit in term of functionality and financial value.

User Nick Pierpoint
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