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A student in Obu’pu Secondary School discovers that he simultaneously needs a pen, an exercise…

A student in Obu’pu Secondary School discovers that he simultaneously needs a pen, an exercise book, an eraser and a ruler, but that he can purchase only one of these items. What is the first thing he is expected to do?
  • A.
    Check how much he has
  • B.
    Find out which is the cheapest of the items
  • C.
    Draw up a scale of preference
  • D.
    Weigh the opportunity cost of each item against the other
Correct Answer: Option C
Explanation