Bill has $10 to spend on a Superman, Batman, or an X-Men T-shirt. Bill buys the Superman T-shirt and the Batman shirt was a close second choice. What is the opportunity cost?

Respuesta :

Answer:

Opportunity Cost = Batman Shirt

Explanation:

Opportunity Cost is the coat of next best alternative forgone while making a choice.

Eg: Working as a teacher with salary Rs 20000, if a teacher sacrifises private  coaching income = Rs 15000. Latter (Rs 15000) is the next best alternative forgone while choosing school teaching.

Similarly, Bill choosing Superman T-shirt has opportunity cost as value of his second best choice foregone i.e Batman T-shirt

Answer:

Bill sucks Batman is better than al of those other options

Explanation: