9. Ben goes on a shopping trip for a road trip. He only has $20 to spend. He wants to buy sunglasses, magazines, a video game, and some snacks. Since he cannot buy everything with $20, Ben decides to purchase the snacks and sun glasses. What is the opportunity cost of his purchase? Select the TWO correct answers.
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2 points
Video Game
Snacks
Magazines
Sunglasses
The two correct answers are:
- Video Game
- Magazines
The opportunity cost of Ben's purchase is the foregone alternative options, in this case, the items he did not purchase. In this case, the items he did not purchase are the Video Game and the Magazines.