Question on: WAEC Economics - 2005
The 150.00 Naira which Olu would have used to purchase a textbook was used to buy a T-shirt . This implies that
A
Olu's real cost is 150.00 Naira
B
Olu's opprtunity cost is the T-shirt he bought
C
Olu's opportunity cost is the textbook
D
Olu's money cost is also the real cost
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Correct Option: C
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