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The following graph shows an individual's total cost of renting four apartments located at different distances from her place of work. Costs (S) A 1100

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The following graph shows an individual's total cost of renting four apartments located at different distances from her place of work. Costs (S) A 1100 1000 900 800 700 500 500 Cost Curve 400 300 200 100 Apartment 1 Apartment 2 Apartment 3 Apartment 4 Apartments Refer to the figure above. Other things remaining the same, assume that the individual now has a higher opportunity cost of time. Which of the following statements is true in this context? O'A) Optimization in differences will not lead to an efficient outcome. (B) Optimization in levels will not lead to an efficient outcome. C) The cost curve will move up. ( D) The cost curve will move down

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