19
QuizMultiple Choice

Unit Test — Unit test

Question 19 • Central Online - MI-Economics CR

Ricardo works part time at a local computer store. One day, his manager approaches him about moving from cashier to floor supervisor. Ricardo is excited because the promotion comes with a raise; however, the extra work hours would take away from time with his friends and family. In the end, he decides to take the promotion.What is Ricardo’s opportunity cost?

Answer
A
losing extra time to spend with his friends and family
B
being able to use the extra money for summer football camp
C
losing the ability to spend any time with his family
D
receiving another promotion in six months
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