Are the following statements true or false? (Use one of the other 4 tasks from Topic 7 to explain your answers). Opportunity cost equals direct expenditures minus any gains in producer and consumer surplus that occur in the market Opportunity cost equals direct expenditures plus any reductions in producer plus consumer surplus that occur in the marketConsider the issue of improving bus stop infrastructure in Western Sydney to deal with heat. A direct impact is the improvement to bus services. Which of the following are direct or indirect impacts and therefore which effects do we need to consider in a cost benefit analysis? Explain your answer. a) The market for umbrellas due to people walking to the bus stop more often. b) The market for health and therefore the impact of the bus stops on health costs provided by the government? c) The market for roads and therefore congestion effects. d) The market for local shops around the bus stops such as coffee shops