Maria goes on a shopping trip to get ready for her vacation. She loads her cart with the bathing suit for $15 a son hat for eight magazines for eight and a beach towel for seven she gets to the register she realizes she only has 20 in her pocket.

Question

Maria goes on a shopping trip to get ready for her vacation. She loads her cart with the bathing suit for $15 a son hat for eight magazines for eight and a beach towel for seven she gets to the register she realizes she only has 20 in her pocket.

Use a passage to answer the question
It decides to purchase the sun hat and towel. What is the opportunity cost of her purchase? Select all that apply
The sun hat
The towel
The magazines
the bathing suit

Answer 1

The opportunity cost of Maria's purchase of the sun hat and towel would be the bathing suit and the magazines. By choosing to purchase the sun hat and towel, she is forgoing the opportunity to buy the bathing suit and the magazines. So the opportunity cost would be the bathing suit and the magazines.