Question

Question 4(Multiple Choice Worth 3 points) You can either go to a movie or go bowling. If you choose the movie,

you will spend far more on the movie than you would on bowling.

you will have made the choice that has the most benefit.

your opportunity cost is the amount of money you pay for the movie.

your opportunity cost is the time and experience of bowling.

Answer 1

YOUR OPPORTUNITY COST IS THE TIME AND EXPERIENCE OF BOWLING

Step-by-step explanation:

The definition of opportunity cost is "the loss of potential gain from other alternatives when one alternative is chosen." a example is "you spend time and money going to a movie, you cannot spend that time at home reading a book, and you can't spend the money on something else."