Question
Maria spends her afternoon at the beach, paying $2 to rent a beach umbrella and $10 for food and drinks rather than spending an equal
Maria spends her afternoon at the beach, paying $2 to rent a beach umbrella and $10 for food and drinks rather than spending an equal amount of money to go to a movie. The opportunity cost of going to the beach is.
A)zero, because she got food, drinks and an umbrella in return for the money.
B)the $12 she spent on the umbrella, food and drinks.
C)only $2 because she would have spent the money on food and drinks whether or not she went to the beach.
D)the movie she missed seeing plus the $12 she spent on the umbrella, food and drinks.
(And could you explain why please.)
Thank you
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