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Mike has $10. He can buy his favorite CD or a shirt. He decides to buy the CD. What term best represents the shirt?

Mike has $10. He can buy his favorite CD or a shirt. He decides to buy the CD. What term best represents the shirt?
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5 votes
Mike has $10. He can buy his favorite CD or a shirt. He decides to buy the CD. What term best represents the shirt?

User Hiichaki
by
8.4k points

1 Answer

5 votes
His opportunity cost.
User TroelsGP
by
7.9k points
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