Question

d. the value of the pizza she would have bought if she had not gone to the movie

1. true or false if you have nothing better to do when you make a choice, there is no opportunity cost of your decision.

Explanation:

Opportunity cost is the value of the next - best alternative foregone when a choice is made. Even if one thinks they have “nothing better to do”, there are still alternative uses of their time (e.g., relaxing, reading, etc.). So, there is still an opportunity cost because a choice is being made to do one thing (e.g., watch TV) instead of another (e.g., read a book). Thus, the statement is false.

Answer:

False