which of the following illustrates an opportunity cost?\njames has enough money to buy some socks and a…

which of the following illustrates an opportunity cost?\njames has enough money to buy some socks and a book.\nalyssa does not have enough time to study for her test.\namir only has time to study or to play basketball.\nlydia does not have enough money to buy a new shirt.

which of the following illustrates an opportunity cost?\njames has enough money to buy some socks and a book.\nalyssa does not have enough time to study for her test.\namir only has time to study or to play basketball.\nlydia does not have enough money to buy a new shirt.

Answer

Brief Explanations:

Opportunity cost is the value of the next - best alternative forgone. Amir has to choose between studying and playing basketball. Choosing one means giving up the other, which illustrates opportunity cost. The other options do not represent a choice between alternatives with a forgone opportunity.

Answer:

C. Amir only has time to study or to play basketball.