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

which of the following illustrates an opportunity cost? james has enough money to buy some socks and a book. alyssa does not have enough time to study for her test. amir only has time to study or to play basketball. lydia does not have enough money to buy a new shirt.

which of the following illustrates an opportunity cost? james has enough money to buy some socks and a book. alyssa does not have enough time to study for her test. amir only has time to study or to play basketball. lydia does not have enough money to buy a new shirt.

Answer

Answer:

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

Brief Explanations:

Opportunity cost is the value of the next - best alternative forgone. Amir must choose between studying and playing basketball, giving up one for the other. The others do not clearly illustrate opportunity cost concepts.