Question

Which of the following is the opportunity cost of spending an hour to complete a

homework assignment?


A. going to the movies with a friend

B. a good grade on the assignment

C. there is not opportunity cost of doing homework

D. a failing grade in the course

Answer 1

( Option A )

Step-by-step explanation:

The opportunity cost of spending an hour to complete a homework assignment is the value of the next best alternative that must be foregone. In this case, the opportunity cost could be going to the movies with a friend (option A), as this is the next best alternative that must be foregone in order to complete the homework assignment. Therefore, the correct answer is A.