Microeconomics

Consider the following decision problem, where (1, , :3, and y are real numbers that are all different (i.e., no two are equal to each other), and economic rents have already been calculated: _- Suppose that the VVTP of each choice, the explicit cost of each choice, and the net benet of each choice are all positive. Then, (a + [3) equals: 0 Explicit Cost of Choice 1 + Explicit Cost of Choice 2 O Opportunity Cost of Choice 1 + Opportunity Cost of Choice 2 0 Net Benefit of Choice 1 + Net Benefit of Choice 2 0 Economic Rent of Choice 1 + Economic Rent of Choice 2