Opportunity Cost Post-Test
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Opportunity cost is:
The value of the next best alternative
Saving part of my income costs me nothing
No
There are no costs to some decisions
No
The opportunity cost of attending college is:
The things that could have been purchased with the income earned working and the things that could have been purchased with the money used to pay tuition and fees and to buy books and other supplies
If you borrow $500.00 from your brother, what is his opportunity cost
What he wants most costing $500
