Telluride Bluegrass Festival is an annual music festival in Telluride, Colorado hosted by Planet Bluegrass. Although traditionally the festival focuses on bluegrass music, it often features music from a variety of related genres
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In this case, any value given up by not choosing to
<span> spend or save the money is the "opportunity cost", because the money </span>could be spent elsewhere. "trade offs" and opportunity costs are very similar though in economics.
The correct answer choice would be B.
Hope this helps and thanks for using brainly!
FOR THE FIRST QUESTION I BELIEVE ITS FALSE