. Saturday afternoon you can either attend a street festival, work and earn $100, or study for your midterm exam. You flip a coin between the street festival and studying, but did not really consider working. The coin flip determined that you would stay home and study. The opportunity cost of the time spent studying includes:
A. the loss of $100 worth of wages and going to the street festival.
B. earning a high score on your midterm.
C. the benefit that could have been received at the street festival.
D. The time you spent deciding upon using a coin flip to determine your Saturday afternoon activity.
C. the benefit that could have been received at the street festival.
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