Question

What is the opportunity cost in this scenario?

Answer 1

The Answer is:

• Later on, his friend Theo informed him about a surprise birthday party for another friend

Step-by-step explanation:

• I took the test and here's a picture so you know this is the correct answer-

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Answer 2

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.