Question
You have $1 to spend on a vending machine snack. A bag of chips will cost you $1 and a candy bar will also cost
- You have $1 to spend on a vending machine snack. A bag of chips will cost you $1 and a candy bar will also cost you $1. If you choose the bag of chips, the opportunity cost of buying the chips is:
$1.
$2 minus the enjoyment you received from the bag of chips.
The enjoyment you would have received from the candy bar.
$1 plus the enjoyment you would have received from the candy bar.
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