asked 66.1k views
4 votes
Cole got 100 for his birthday. He can either save the money or buy a tennis racket with it. What is the opportunity cost if he buys the racket?

asked
User Hobs
by
7.7k points

1 Answer

4 votes
Cole can learn how to play tennis. But if he saved the money, he can save up and get something bigger, or save up for college. There is only so much he can do with a tennis racket except for using it to learn a new sport.
answered
User Ross Smith II
by
8.2k points
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