The city council of Johnsonville needed to make improvements to the sewage system, but they also needed to buy new garbage trucks. After much discussion, they decided to buy new garbage trucks.
Which statement is TRUE?
Responses
A The opportunity cost would be electing a new city council.The opportunity cost would be electing a new city council.
B In this situation, the opportunity cost was being able to buy new garbage trucks.In this situation, the opportunity cost was being able to buy new garbage trucks.
C Since there were only two choices, there was no opportunity cost in this situation.Since there were only two choices, there was no opportunity cost in this situation.
D In this situation, the opportunity cost was not being able to improve the sewage system.