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Jerry has $50 to spend at the electronics store.

He sees two movies that he wants that are $15 each. There is also ...

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Jerry has $50 to spend at the electronics store.

He sees two movies that he wants that are $15 each.
There is also a video game that he wants that costs $45.
Which statement best describes the opportunity costs and benefits of buying the movies?
Select the best answer from the choices provided.
The opportunity cost is $30 the benefit is the hours of entertainment from the movies.
The opportunity cost is that he cannot afford the game the benefit is that he saved $45.
The opportunity cost is $30 the benefit is that he still has $20.
The opportunity cost is that he cannot afford the game the benefit is that he has the two movies.

Answer

I believe it'd be d.
. I'm not quite sure.
.D makes the most sense to me..

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 117 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 174 views.

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