asked 86.4k views
2 votes
*ECONOMICS*

What is the opportunity cost in the following scenario?

To finish furnishing her new apartment, Carlisha needed a couch, a table, and a new stereo system to replace her old stereo system. The couch she wanted cost $350, the table cost $100, and the new stereo system was $200. She had $500 to spend. She decided to buy the couch and the table, and keep her old stereo system.

A. couch B. table C. new stereo system D. old stereo system

1 Answer

5 votes
C. new stereo system
answered
User Sjlee
by
8.4k points
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