The opportunity cost of owning a car is
A. the price of the car.
B. filling the tank twice a week.
C. the cost of getting your car inspected once a year.
D. the vacation to Hawaii you had to give up in order to make your car payments.
D. the vacation to Hawaii you had to give up in order to make your car payments.
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Refer to the scenario above. Elly should use ________ to make her decision
A) mixed strategies B) backward induction C) forward induction D) her dominated strategy
Greater optimism about the expected profits from investment projects
A) shifts the demand for loanable funds curve rightward. B) shifts the demand for loanable funds curve leftward. C) causes a movement upward along the demand for loanable funds curve. D) causes a movement downward along the demand for loanable funds curve.