Question

Lois promised to take her nephew to the zoo on Tuesday afternoon. On Tuesday, her boss hands her a new project, due by the end of the day. Which of these is an opportunity cost of Lois using Tuesday to work on her project? She and her nephew enjoy an afternoon at the zoo. Her project will be late. She could lose her job. She will save the cost of two zoo tickets.

Answer 1

Answer:

The correct answer is She and her nephew enjoy an afternoon at the zoo.

Explanation:

Opportunity const is defined as the lossof other alternatives when one is chosen. In this case, when Lois decides to work on her project on Tuesday she is loosing the opportunity of spending the afternoon with her nephew, because it's the other opportunity she have, the other asnwer options are not opportunities but consecuences.