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You are faced with the following alternative choices on Saturday afternoon. You can only do one of these activities. None of these activities will require
You are faced with the following alternative choices on Saturday afternoon. You can only do one of these activities. None of these activities will require you to spend any money. Choice A: Go hiking. Choice B: Work out using exercise equipment in your garage. Choice C: Stay at home and practice playing the violin. It turns out that Choice A is your most preferred activity, Choice B is your second most preferred activity, and Choice C is your least preferred activity. You choose to do none of those three things because you spent your time trying to decide but could not. What is the opportunity cost of your decision to not do any of these but just sit and try to decide? Group of answer choices Going hiking. Practicing playing the violin. There is no opportunity cost because no choice was made. Working out Hiking, working out, and playing violin
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