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Tom has decided that with the two hours in between classes he can do one of three things. He has ranked his choices from highest
Tom has decided that with the two hours in between classes he can do one of three things. He has ranked his choices from highest to lowest: (1) eat at KFC, (2) study economics, (3) making Tik Tok videos. The opportunity cost of eating at KFC is: Question 4 Answer a. zero since he can study economics and watch Tik Tok videos later that evening. b. the value of studying economics. c. the combined value of studying economics and making Tik Tok videos. d. the value of the number of likes Tom gets for his Tik Tok videos
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