Question

You are allowed to go to the store and spend your allowance on one of these three items: ball, candy, or hat. Which one would you choose?

Once you have made your choice, identify the opportunity cost. Explain your choice. Remember: Opportunity Cost is your second best choice.

Answer 1

I would choose a hat, because it is stylish and can keep me warm. My opportunity cost would be a ball, because it is useful for boring, lonely days. This is what I would write, Idk if you like it or not.

Answer 2

I would choose candy because I’m always hungry so