Question

A cyclist must decide between purchasing a new helmet for about $60 or a set of aerobars for about $120. If she decides to purchase

the aerobars, what is the opportunity cost?
A. The net value to the cyclist of the helmet.
B. The difference in price of $60.
C. The net value to the cyclist of $60 and a new helmet.
D. The net value to the cyclist of the new aerobars.

Answer 1

The net value to the cyclist of $60 and a new helmet.

Step-by-step explanation:

Answer 2

C. The net value to the cyclist of $60 and a new helmet.

Step-by-step explanation:

The cyclist will be loosing the opportunity of gaining $60 which is the helmets worth and the utility of having and using the helmet itself.

Just took the test and got it right ( ;