Question

Jose has one evening in which to prepare for two exams and can employ one of two possible strategies: Strategy Score in Economics Score in Statistics 1 93 81 2 77 92 The opportunity cost of receiving a 93 on the economics exam is __________ points on the statistics exam. a. 11 b. 81 c. 15 d. 12

Answer 1

b. 81

Step-by-step explanation:

The opportunity cost refers to the cost in which we foregone the options among the available ones. In this we have to sacrificed to gain another thing. We called as a real cost also

Since in the question it is given that the opportunity cost of receiving 93 on the economics exam would lead to 81 points on the statistics exam

hence, the correct option is b. 81