Home » Economics » Bisi needs a book costing N10.00 and a hat costing N10.00. If Bisi buys the…

Bisi needs a book costing N10.00 and a hat costing N10.00. If Bisi buys the…

Bisi needs a book costing N10.00 and a hat costing N10.00. If Bisi buys the book instead of the hat, the opportunity cost of his choice is the?
  • A.
    cost of the bok
  • B.
    cost of the hat
  • C.
    book
  • D.
    hat
  • E.
    N10.00
Correct Answer: Option B
Explanation