Item9%0D%0APart 1 of 3%0D%0A%0D%0A%0D%0A1%0D%0Apoints%0D%0AeBookPrintReferencesCheck my workCheck My Work button is now disabled1Item 9Required information%0D%0ARequired information%0D%0ALG2: Opportunity Cost and Economic Surplus: An Introduction%0D%0ASkip to question%0D%0A%0D%0AMC Qu. 1 The opportunity cost of an action is equal...%0D%0AThe opportunity cost of an action is equal to%0D%0A%0D%0AMultiple Choice%0D%0A%0D%0Aits implicit cost.%0D%0A%0D%0A%0D%0Aits explicit cost.%0D%0A%0D%0A%0D%0Aits explicit cost minus its implicit cost.%0D%0A%0D%0A%0D%0Athe sum of its explicit and implicit costs