Prepping for a next-day exam over the course of an evening (and possibly into the wee hours of test day) poses increasing cos
ts since A. tutors charge higher rates after 7 p.m. B. studying productivity declines sharply as the effort extends through the evening. C. the longer you choose to study will result in an increase in the number and value of foregone activities. D. evenings are a less productive time to study compared to daylight hours.
C. the longer you choose to study will result in an increase in the number and value of foregone activities.
Explanation:
An opportunity cost refers to the loss of any potential gain by choosing or selecting an alternative from a list of other alternatives.
In the context, when preparing for a next day exam and by studying for a longer period of time increases the opportunity cost for the foregone activities.
