arianna28 arianna28
  • 12-01-2017
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What is the opportunity cost in this scenario?

What is the opportunity cost in this scenario class=

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MissPhiladelphia
MissPhiladelphia MissPhiladelphia
  • 17-01-2017
The opportunity cost in the scenario is the second pair of jeans that Gretchen was planning to buy. Since the expected cost of the guitar amplifier was higher, she had to "let go" of the opportunity to have two pairs of jeans in order to afford the rest of the things the she still wanted to get.
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