Posted by **Ali** on Wednesday, July 7, 2010 at 2:16am.

Maurice receives $100 as a birthday gift. In deciding how to spend the money, he narrows his options down to four choices: Option A, Option B, Option C, and Option D. Each option costs $100. Finally he decides on Option B. The opportunity cost of this decision is __________.

A. the value to Maurice of the option he would have chosen had Option B not been available

B. $300

C. the value to Maurice of Options A, C and D combined

D. $100

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